Directorate Change

RNS Number : 8978R

Kazera Global PLC

08 July 2022

 

8 July 2022

Kazera Global plc

("Kazera" or the "Company")

Directorate Change

Kazera Global plc, the AIM quoted investment company, is pleased to announce the appointment of Mr. Geoffrey Eyre as a Non-Executive Director of the Company.

Mr. Eyre is an experienced finance professional with more than 17 years of experience holding senior positions with companies in the mining industry including producing assets, exploration and development stage companies and private equity investment funds. Most recently, Mr. Eyre was the CFO of Adriatic Metals plc (ASX:ADT, LSE:ADT1) during which time Adriatic secured a financing package for the construction of its polymetallic mine in Bosnia & Herzegovina comprising US$102 million of equity and US$142.5 million project finance facility with Orion Mine Finance.

As CFO of Avesoro Resources Inc. (TSX:ASO,  AIM:ASO ), Mr. Eyre was intrinsically involved in the turnaround of the New Liberty gold mine in Liberia, acquisition of the Youga gold mine in Burkina Faso from Endeavour Mining and Avesoro's subsequent privatisation by its largest shareholder. As Managing Director of NurtureEx B.V., an incubator fund of AMED Funds, Mr. Eyre appraised numerous investment opportunities across Africa covering base and precious metals, deal structuring and taking up board positions with investee companies.

Mr. Eyre was also CEO of Amlib Holdings plc, an exploration and development company with assets in Liberia, prior to its acquisition by MNG Gold in 2014 and oversaw the financial aspects of the company's post acquisition mine build. He was also the Group Financial Controller of Ferrexpo plc, the Ukrainian iron ore producer, during its IPO on the London Stock Exchange.

Mr. Eyre is a Chartered Accountant, member of the ICAEW and holds a first-class honours degree in Electrical Engineering from the University of Warwick.

In line with his appointment, Mr. Eyre has been granted options over 3,000,000 shares at a price of 1p per share.

Further disclosures in relation to Mr. Eyre's appointment as required under AIM Rule 17 and Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies are included in the appendix below.

Simultaneously with Mr. Eyre's appointment, Giles Clarke and Nick Harrison will be resigning from their positions as Non-executive Chairman and Non-Executive Director respectively with immediate effect to pursue other interests. The Company is currently actively pursuing the appointment of a new Chairman.

Dennis Edmonds, CEO of Kazera, commented:

"I am delighted to welcome Geoff to the Board. His extensive background in mining and mining investments adds further strength to the Board's ability to identify and assess possible future mining related opportunities. His contacts within the industry will also be very useful in terms of sourcing new opportunities for the Company.

"In addition, I also wish to thank Giles and Nick for their many years of service and support to the Company and to wish them all in the best in the future. They remain the Company's largest creditor and substantial shareholders so their relationship with the Company will continue in the future"

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No. 596/2014 ('MAR').

For further information on the Company, visit:  www. kazeraglobal .com

Kazera Global plc (c/o Camarco) Dennis Edmonds (CEO)	Tel: [phone]
finnCap (Nominated Adviser and Joint Broker) Christopher Raggett / Tim Harper (Corporate Finance) Peterhouse Capital Limited (Joint Broker) Duncan Vasey and Lucy Williams (Corporate Broker)	Tel: [phone] Tel: [phone]
Camarco (PR) James Crothers / Hugo Liddy / Gordon Poole	Tel: [phone]

INFORMATION REQUIRED UNDER RULE 17 AND SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES FOR COMPANIES ("AIM RULES")

Full name:	Geoffrey Peter Eyre
Age:	48
Shareholding in the Company:	None
Current directorships and partnerships:	GPE Consulting Limited
	Explora One Limited
Historic directorships and partnerships in previous 5 years:	Adriatic Metals Services (UK) Limited Adriatic Metals Holdings BIH Limited Adriatic Metals Jersey Limited Tethyan Resources Jersey Limited Cayman Burkina Mines Limited
	Jersey Netania Mining Limited
	MNG Gold Exploration Limited
	Avesoro Resources Inc
	NutureEx B.V.
	NutureEx Services Limited
	Aquamarine Ex BV
	Jasper Ex BV
	Amethyst Ex BV
	Red Sea Gold BV (previously Onyx Ex BV)
	Environminerals East Africa Limited
	Armada Minerals Limited
	Avesoro Services (Jersey) Limited
	Avesoro Holdings Limited
	Avesoro Jersey Limited

There is no further information to be disclosed in relation to the director appointment pursuant to Rule 17 and Schedule 2, paragraph (g) of the AIM Rules.

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Geoff Eyre
2.	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Kazera Global
b)	LEI	213800U4PZ148SFLGY26
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Options over ordinary shares of 1 pence each GB00B830HW33
b)	Nature of the transaction	Issue of options
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.01 3,000,000
d)	Aggregated information	Not applicable - single transaction
e)	Date of the transaction	8 July 2022
f)	Place of the transaction	Outside a trading venue

**ENDS**

 

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