Resignation of Executive Director

RNS Number : 2739O

Anglo Pacific Group PLC

26 May 2015

 

News Release

May 26, 2015

Anglo Pacific Group PLC

Resignation of Executive Director and Chief Investment Officer

The Board of Anglo Pacific Group PLC (the "Company") announces that Mr. Mark Potter has tendered his resignation as Executive Director and Chief Investment Officer with the Company to pursue a career in asset management. His resignation is effective from May 31, 2015. The Board wishes to thank Mark for his contributions to the Company and wishes him every success in his new role.

Juan Alvarez, the current Group Mining Analyst, will be appointed as Head of Investments going forward.

Julian Treger, Chief Executive Officer, commented:

"Mark leaves us with a more diverse portfolio of royalties and a strong pipeline of opportunities. He has developed an experienced in house team who will take over the day to day running of investments, supported by our wider finance and legal teams. We wish him well for the future."

For further information:

Anglo Pacific Group PLC Mike Blyth - Chairman Julian Treger - Chief Executive Officer	[phone]
Website:	www.anglopacificgroup.com
BMO Capital Markets Limited Neil Haycock / Tom Rider	[phone]
Macquarie Capital (Europe) Limited Ken Fleming / Ariel Tepperman / Nicholas Harland	[phone]
Peel Hunt LLP Matthew Armitt / Ross Allister	[phone]
Bell Pottinger Nick Lambert / Lorna Cobbett	[phone]

Notes to Editors

About Anglo Pacific

Anglo Pacific Group PLC is a global natural resources royalty company. The Company's strategy is to develop a leading international diversified royalty company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.

 

END

 

 

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