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Directorate Change

17th Oct 2012 07:00

RNS Number : 8438O
East West Resources PLC
17 October 2012
 



17 October 2012 - for immediate release

East West Resources plc

(the "Company" or "East West Resources")

Appointment of Charles Crick

The Directors of East West Resources plc are pleased to announce the appointment of Charles Crick as a Non-Executive Director of the Company with immediate effect. Charles Anthony Crick (aged 63) is a solicitor and was most recently a director of the Company and its subsidiary, Ambrian Partners Limited ("APL"). He left the Board following completion of the sale of APL in March this year. Charles trained and spent the early part of his career at Allen & Overy. After a number of years in private practice specialising in corporate finance and banking law, he joined Numis Securities in 1996. Until his retirement at the end of 2004 he was head of corporate finance and a main board director of Numis Corporation plc. Charles is also a partner of Longbow Capital LLP, a venture capital partnership.

Nathan Steinberg, Chairman of East West Resources said:

"We are very pleased that Charles has accepted our invitation to serve as a Non-Executive Director of East West Resources."

Directorships and partnerships currently held or previously held in the last five years by Charles Crick are as follows:

Current Former

Longbow Capital LLP East West Resources PLC

LCIP 2007 LLP RFC Ambrian Limited

LCIP 2009 LLP Therium Holdings Limited

LCIP 2010 LLP Dial-a-TV Group Holdings Limited

Moonguard LLP

There is no further information on Charles Crick required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

Charles is interested in 400,000 ordinary shares of 10p each in the capital of the Company and holds options to subscribe for 225,000 ordinary shares at prices between 25p and 30p per share.

 

Enquiries:

East West Resources plc

Roger Clegg + 44 (0)20 7634 4785

 

Macquarie Capital (Europe) Limited

Steve Baldwin + 44 (0)20 3037 2000

Nicholas Harland

 

Notes to Editors:

East West Resources plc

East West Resources plc (AIM: EWR) is a specialist natural resources business active in commodities merchandising and principal investments.

Commodities

Ambrian Metals Limited is a physical metals trader with a particular strength in refined copper. Through Ambrian Metals' offices in London and Shanghai and agents in New York, Santiago, São Paulo, Seoul and Tokyo, it sources non-ferrous metals from producers for distribution to an international client base of metals consumers and merchants.

Ambrian Energy GmbH is a physical energy trading company focused on the supply of biofuels.

Principal Investments

Ambrian Principal Investments Limited is an investment company which holds Ambrian's principal investment portfolio. It is managed by Ambrian Asset Management Limited, which is authorised and regulated by the Financial Services Authority.

Further information on East West Resources is available on the Company's website: www.ewrplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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