Anglo Asian Mining PLC
13 April 2006
ANGLO ASIAN MINING PLC
('Anglo Asian' or 'the Company')
ANNOUNCEMENT OF NEW CHIEF EXECUTIVE
Anglo Asian Mining PLC (AIM: AAZ), the gold and copper development company with
projects in Azerbaijan confirms that, Mr Gordon Lewis has agreed terms with
Anglo Asian to take up the position of Chief Executive on 1 July 2006.
Over the course of his career, Mr Lewis has worked as a senior mining executive
on a significant number of projects in emerging market locations. He is
currently the Chief Operating Officer and an executive director of Alexander
Mining PLC and is based in Argentina. He will become a non-executive director
of Alexander Mining once joining Anglo Asian as Chief Executive. Previously, he
had responsibility for Avocet Mining PLC's assets in Indonesia, which included
taking the North Lanut gold mine from in-fill drilling through to production.
In addition, he has gained experience with responsibility for the start up of
Malaysia's largest gold mine for Avocet Gold Limited and with the management of
various mining operations for RTZ.
Mr Lewis is a Member of the Australasian Institute of Mining and Metallurgy and
holds a First Class Mine Manager's Certificate, South Australia.
Mr Mascall, the Chairman of Anglo Asian, commented 'We are delighted that Gordon
is joining the Board as Chief Executive. His skills will be a major asset to
the Company and his appointment is further success in Anglo Asian's continuing
strategy of recruiting mining experience to the Board. We look forward to
welcoming Gordon in July.'
The information required under schedule two, paragraph (g) of the AIM rules will
be provided when Mr Lewis takes up his appointment.
Options over Ordinary Shares of 1 pence have been awarded at an exercise price
of 42.5 pence per share on 12 April 2006 as follows;
Mr Gordon Lewis 1,487,577
Mr Richard Round 495,859
Dr Ross Bhappu 123,965
All of the above options vest in equal instalments 12 months, 24 months and 36
months, respectively, from the date of award or date of appointment if later.
The options awarded to Gordon Lewis are conditional upon him taking up his
appointment.
-Ends-
For further details, please contact:
Anglo Asian Mining PLC Charles Hancock, Chief Executive +44 20 7409 3232
Richard Round, Finance Director +44 20 7409 3232
Numis Securities Limited John Harrison +44 20 7776 1590
Parkgreen Communications Justine Howarth +44 20 7493 3713
Victoria Thomas +44 20 7493 3713
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.