Directorate Change

RNS Number : 0790S

Pembridge Resources plc

28 September 2017

 

28 September 2017

Pembridge Resources plc ("Pembridge" or the "Company")

Board Appointment

Pembridge Resources plc (LON: PERE), the mining focussed Special Purpose Acquisition Company ("SPAC") listed on the London Stock Exchange, is pleased to announce the appointment of Gati Al-Jebouri as a Non-Executive Director.

Mr Al-Jebouri, who was born in Bulgaria in 1969, graduated from the University of Bristol with a Civil Engineering degree in 1990 and from the Institute of Chartered Accountants as a chartered accountant in 1994.  In 2001 he was appointed Deputy Minister of Energy of Bulgaria and in 2002 Bulgaria's First Deputy Minister of Finance. 

His varied career has included working for the accountancy firm KPMG in London and Bulgaria until being recruited to LUKOIL, where he soon became Director of investment and Finance in the London office.  In 2003 he became Chief Financial Officer of LITASCO (LUKOIL International Trading and Supply Company), where he rose to Chief Executive Officer two years later. In 2010 he became Executive Director for Finance and Marketing of LUKOIL Mid East Ltd and in 2017 was promoted to Managing Director of the company.

The Company would also like to take this opportunity to announce the appointment of Francis McAllister, who has been a Non-Executive Director since March 2017, as Non-Executive Chairman. He replaces Rodrick Webster who is stepping down, as is Non-Executive Director John Bryant. Mr Webster and Mr Bryant were appointed Non-Executive Directors under the Company's previous management as China Africa Resources and we are grateful to them for their assistance during the transitional period.

David Linsley, Chief Executive Officer, said: "We are very excited to welcome Gati to Pembridge Resources at a key time in our development. His wealth of experience complements the unique range of expertise we have assembled in the PERE team. We are also delighted that Frank McAllister has agreed to step up to the chairmanship of the Company. His 50 years of experience in the mining industry will be a great asset to Pembridge."

For further information on the Company, visit: http://www.pembridgeresources.com 

For further information please contact:

Pembridge Resources PLC

David Linsley, Chief Executive Officer

T: [phone]

SI Capital Limited - Joint Broker

Nick Emerson

T: [phone]

Beaufort Securities Limited - Joint Broker

Zoe Alexander

T: [phone]

Damien McCrystal, Public Relations

T: [phone]

[e-mail]

 

END

 

 

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