19th Dec 2006 11:50
Lonrho Africa PLC19 December 2006 LONRHO AFRICA PLC ("Lonrho Africa" or "the Company") DIRECTORATE CHANGES Lonrho Africa is pleased to announce the appointment of Donald Strang as aNon-Executive Director to the Lonrho Africa Board with immediate effect. Hisappointment follows Michael Wilson's decision to step down as a Non-ExecutiveDirector as of yesterday, after 9 years with the Company. "I would like to take this opportunity to thank Michael for his considerablecontribution and loyalty to Lonrho Africa over the years. He was instrumental inchanging the fortunes of the Company and re-establishing the Lonrho Africa name.We wish him all the best for the future", said David Lenigas, Lonrho Africa'sJoint Chairman and Chief Executive. Mr. Strang (38), a Chartered Accountant, has more than 15 years experience infinance and was recently appointed Finance Director and Company Secretary ofBrinkley Mining Plc as well as Company Secretary of BDI Mining Corporation.Until June of this year, Mr Strang held the position of Company Secretary atAsia Energy Plc. Before joining Asia Energy, he fulfilled a temporary contractas Finance Manager for the London Underground and was a financial analyst withDresdner Kleinwort, Deutsche Bank and Credit Suisse First Boston. Prior to thathe acted as Group Financial Controller at Macraes Mining Company Limited inAustralia and New Zealand after commencing his career as a Senior Accountantwith Ernst & Young. Mr. Strang holds a Bachelor of Commerce from the Universityof Western Australia and a Post Graduate Diploma in Finance and Investment fromthe Securities Institute of Australia. Welcoming the appointment, David Lenigas said: "I am pleased that Donald Stranghas agreed to join the Board of Lonrho Africa. I believe that Lonrho Africa willbenefit greatly from his financial experience and we look forward to workingwith him." -Ends- For further information, please contact:Lonrho Africa Plc +44 (0)20 7016 5105David Lenigas, Joint Chairman and Chief Executive +44 (0)7881 825 378Emma Priestley, Executive Director +44 (0)7867 785 177 Strand Partners Limited +44 (0)20 7409 3494Simon RaggettMatthew Chandler Cardew Group +44 (0)20 7930 0777Nadja Vetter +44 (0)7941 340 436Eden Mendel +44 (0)7887 676 603Emma Consett +44 (0)7971 468 308 Notes to editors Lonrho Africa is in the process of re-establishing a significant presence on theAfrican continent. Its investment and acquisition strategy, which was adoptedfollowing the appointment of David Lenigas as Chairman and Chief Executive andsubsequent shareholder approval in February 2006, focuses on the naturalresources, infrastructure, transport, leisure and agribusiness sectors. LonrhoAfrica's executive team has considerable experience across these industries in awide range of countries. This year, Lonrho Africa has announced investments inBrinkley Mining Plc, Nare Diamonds Ltd, Luba Freeport, Fly540 and Norse Air. Appendix In accordance with Schedule 2(g) of the AIM Rules, the following additionalinformation in relation to the appointment of Donald Ian George Layman Strang tothe Lonrho Africa Board, is disclosed below: Mr Strang holds and has held within the five preceding years the followingdirectorships and partnerships: Current directorships and partnerships: Brinkley Mining Plc Leni Gas & Oil Plc Past directorships and partnerships: Coal International Plc Caffeine Consultants (UK) Limited Save as set out above, there is no further information to be disclosed inrespect of Mr Strang's appointment under Schedule 2(g) of the AIM Rules. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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