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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sovereign Mne | LSE:SMA | London | Ordinary Share | GB00B3P3XP06 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.255 | 0.23 | 0.28 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSMA
RNS Number : 2535U
Sovereign Mines of Africa PLC
23 October 2017
23 October 2017
Sovereign Mines of Africa PLC
("SMA" or "the Company")
Board Change
Sovereign Mines of Africa today announces a change to the Board's composition as it repositions itself strategically, reflecting its expected transaction within the Indian consumer goods sector.
In recognition of this, Rupert Fraser will step down from his role as non-executive Director. However, he will remain involved with the Company in his capacity as a valued shareholder. The Board will continue to review its composition to ensure its experience reflects that needed for the new listed company.
Giles Clarke, Chairman of Sovereign Mines of Africa commented:
"Rupert has been instrumental in steering the Company in this period of extreme change. I would like to take this opportunity to thank him for his contribution to the Company and look forward to continuing our relationship through his involvement as an important shareholder of SMA."
Ends
Enquiries:
SOVEREIGN MINES OF AFRICA PLC
Giles Clarke - c/o Camarco +44 20 3757 6983
SHORE CAPITAL - NOMINATED ADVISER & BROKER
Toby Gibbs / Jerry Keen +44 207 408 4090
CAMARCO
Tom Huddart / Ginny Pulbrook / Billy Clegg +44 20 3757 6983
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOADMMZGKGLGNZM
(END) Dow Jones Newswires
October 23, 2017 02:00 ET (06:00 GMT)
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