4th Aug 2011 11:35
Ambrian Capital PLC ("Ambrian" or "the Company")
Directorate Change
LONDON, 4 August 2011 - The Board of Ambrian Capital PLC announces the retirement of Lawrence Banks as Chairman and a Director of the Company with effect from 4 August 2011. This follows the announcement at the AGM on 29 June 2011 of his intention to retire.
The Board would like to thank to Mr Banks for his long service to the Company and wishes him well in his retirement.
Nathan Steinberg, an independent non-executive Director, will become Acting Chairman of the Board on an interim basis pending a long-term appointment.
-Ends-
For further information please contact:
Ambrian Capital plc | |
Nathan Steinberg, Acting Chairman Rob Ashley, Chief Executive | + 44 (0)20 7634 4700 |
Macquarie Capital (Europe) Limited | |
Simon Law | + 44 (0)20 3037 5237 |
M: Communications | |
Charlotte Kirkham | + 44 (0)20 7920 2331 |
Notes to Editors:
AMBRIAN CAPITAL PLC
Ambrian Capital plc (AIM: AMBR) is a specialist natural resources investment bank active in Commodities, Corporate Finance & Equities and Principal Investments.
Corporate Finance & Equities
Ambrian Partners Limited is known in the market for its leading positions in natural resources. It provides corporate finance advice, equity research, sales and trading and market making services. Ambrian Partners is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority.
Commodities
Ambrian Metals Limited is an independent physical metals supplier 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 Limited is a physical energy trading company focused on the supply of bio-fuels and crude oil.
Principal Investments
Ambrian Principal Investments Limited is an investment company which holds the Group'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 Ambrian is available on the Company's website: www.ambrian.com.
Related Shares:
AMBR.L