25th Jul 2006 15:06
African Platinum Plc25 July 2006 African Platinum plcTicker : APPIndex : AIMSector : Exploration("Afplats" or "Company") 25 July 2006 AFPLATS - RESULT OF EGM African Platinum plc ("Afplats") announces that at the Extraordinary GeneralMeeting of the Company held earlier today the ordinary resolution put toshareholders was, notwithstanding the Board's unanimous recommendation to thecontrary, duly carried, and therefore that Mr. Charles Hansard is no longer adirector of Afplats. The Board has also been informed by Dr. Mark Bristow that he is resigning as anindependent non-executive director with effect from close of business, Friday 4August 2006 as he does not agree with this removal of Mr. Charles Hansard as adirector and is resigning on principle. The Board has now decided to appoint Mr. Brian Moritz as chairman on an interimbasis. The Board intends to appoint a chairman on a permanent basis and toconsider external candidates for this purpose. The Board continues to believe Afplats has a strong platform for growth. A summary of the votes exercised at the meeting was as follows: Votes for the resolution Votes against & discretion 136,132,601 (53.02%) 120,609,924 (46.98%) The total number of votes exercised represents 57.54% of the total number ofvotes attributable to the entire issued share capital. AFRICAN PLATINUM PLC ENQUIRIES:Chief Executive - Roy Pitchford+27 (0)82 419 2581 or +44 (0)77 9390 9985 Investor & Media Relations - Kathy du Plessis+27 (0)11 728 4701, +27 (0)83 266 5847 (Mobile) or [email protected]: www.afplats.com DISCLAIMER: Investing in all equities, including natural resources-relatedequities, carries risks which should be taken into consideration when making aninvestment. This announcement contains forward-looking statements regardingAfrican Platinum plc, including the development of its mining developmentprojects. Actual results relating to any and all of these subjects may differmaterially from those presented. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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