Appointment of COO (0975O)

TIDMPMA

RNS Number : 0975O

Premier Management Holdings PLC

13 September 2011

Embargoed: 0700hrs 13 September 2011

Premier Management Holdings plc

("Premier Management" or the "Company")

Appointment of COO

Premier Management, the Central Asia-focused natural resources investment company, is pleased to appoint Richard Nolan to the board as Chief Operating Officer with immediate effect. Richard has over fifteen years of experience in investment banking with a significant emphasis on natural resources. Richard has an extensive background researching, advising and raising capital for companies operating in the natural resources sector, advising on all aspects of corporate strategy, asset selection and asset development.

Richard has specialised in corporate advisory and equity research in London since 2001, when he joined ABN Amro advising on mergers and acquisitions in a number of sectors including metals & mining. Richard later joined Steubing AG, producing equity research for predominantly hedge fund clients and has worked for two hedge funds Ramius Capital, and Titanium Capital, researching and recommending global investment ideas with a focus on natural resource and associated sectors.

Since 2008 Richard has specialised in equity analysis in the natural resources sector for Newedge Group, and most recently, London-listed investment bank Daniel Stewart and Company. Richard has been regularly invited to contribute expert opinion and analysis on the natural resources sector in the print and broadcast financial media. Richard was educated in Canada, including an MBA from the Richard Ivey School of Business. Richard began his career in 1995 with TD Bank in Toronto.

Gerry Desler, Chairman, commented,

"Premier Management is in the advanced stages of identifying gold resource opportunities in Kyrgyzstan and is assembling a board with the capability to develop and implement our strategy in this area. We are delighted to welcome Richard Nolan as COO. He brings a wealth of technical, analytical and capital markets expertise to the board and will be instrumental in building the Company."

Premier Management has an option to acquire the entire issued share capital of Central Asia Resources Limited which is investigating, and has signed protocols on, the Cholokkaindy Project gold exploration licence.

AIM Rules disclosure under Schedule 2(g) of the AIM Rules

There is no other information that is required to be disclosed with regards to the appointment of Richard Nolan, aged 40, pursuant to Schedule 2 paragraph (g) of the AIM Rules.

Enquiries:

 
 Premier Management Holdings plc 
 Gerry Desler                                  Tel. [phone] 
 
 Libertas Capital Corporate Finance Limited    Tel. [phone] 
  (Nominated Adviser)                           9650 
 Thilo Hoffmann / Sandy Jamieson 
 
 Rivington Street Corporate Finance (Broker)   Tel. [phone] 
                                                3384 
 Dru Edmonstone 
 
 M: Communications 
 Ben Simons / Maria Souvorov                   Tel. [phone] 
                                                2340 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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