Kenmare Resources Board Update

 
TIDMKMR 
 
 
   Kenmare Resources plc ("Kenmare" or "the Company") 
 
   22 March 2017 
 
   Board Update 
 
   Kenmare Resources plc is pleased to announce that Mr. Peter Bacchus has 
agreed to join the Board of Directors as a Non-Executive Director. 
 
   Mr. Bacchus's appointment will coincide with the retirement of Ms. Sofia 
Bianchi from the Board at the Company's Annual General Meeting scheduled 
for 25 May 2017. Having served more than 9 years as a Non-Executive 
Director, and latterly as Senior Independent Non-Executive Director, Ms. 
Bianchi will not be seeking re-election at the AGM. Mr Bacchus' 
appointment will take effect immediately after the conclusion of the 
AGM. 
 
   Mr. Bacchus is the Chairman and Chief Executive of Bacchus Capital 
Advisers Ltd, an independent investment banking boutique, based in 
London. Prior to establishing Bacchus Capital, he served as European 
Head of Investment Banking at US investment bank Jefferies, Global Head 
of Mining & Metals at Morgan Stanley, and Head of Investment Banking, 
Industrials and Natural Resources at Citigroup, in Asia and Australia. 
Mr Bacchus has over 20 years' experience in investment banking, with a 
focus on the global natural resources sector and has, over this period, 
led a number of transformational transactions in the industry. He is a 
Member of the Institute of Chartered Accountants, England & Wales, and 
holds an MA in Economics from Cambridge University, United Kingdom. 
 
   Commenting on the Board changes, Steven McTiernan, Chairman of Kenmare 
said: 
 
   "Sofia Bianchi's contribution to Kenmare over the last nine years has 
been immense. On behalf of the whole Board, I would like to thank Sofia 
for her commitment and strategic guidance, and her steadfast service as 
Senior Independent Non-Executive Director, especially during the last 
several challenging years. 
 
   I am delighted that Peter will be joining the Board, which will benefit 
greatly from his outstanding advisory experience and deep knowledge of 
the mining industry." 
 
   For further information, please contact: 
 
   Kenmare Resources plc 
 
   Michael Carvill, Managing Director 
 
   Tel: [phone] 
 
 
   Tony McCluskey, Financial Director 
 
   Tel: [phone] 
 
 
   Jeremy Dibb, Corporate Development and Investor Relations Manager 
 
   Tel: [phone] 
 
   Mob: + 353 87 943 0367 
 
   Murray 
 
 
   Joe Heron / Aimee Beale 
 
 
   Tel: [phone] 
 
 
   Mob: [phone] 
 
 
   Buchanan 
 
   Bobby Morse / Chris Judd 
 
   Tel: [phone] 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Kenmare Resources via Globenewswire 
 
 
  http://www.kenmareresources.com/ 
 

(END) Dow Jones Newswires

March 22, 2017 03:00 ET (07:00 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.