26th Oct 2015 13:21
LONDON (Alliance News) - African Potash Ltd on Monday said it has hired a former Conservative MP to its board in order to support the roll out of its fertiliser operations in African.
Mark Simmonds, the former MP for Boston and Skegness in Lincolnshire, becomes a non-executive director on the board. Simmonds is the former Foreign and Commonwealth Minister for Africa.
African Potash said Simmonds' business and political contacts in Africa should help the company with its growth plans.
"We are delighted to welcome Mark to the Board. His significant political experience, particularly within Africa, will be invaluable as we continue to roll-out our integrated fertiliser operations, finalising the current agreements we have in place and negotiating future contracts," said Chris Cleverly, African Potash's executive chairman.
Shares in African Potash were up 8.4% to 2.0875 pence on Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
African Potash