Ferrexpo PLC Board Appointment (1160I)
June 15 2017 - 2:01AM
UK Regulatory
TIDMFXPO
RNS Number : 1160I
Ferrexpo PLC
15 June 2017
15 June 2017
FERREXPO plc
("Ferrexpo" or the "Group")
Board Appointment
Ferrexpo is pleased to announce the appointment of Mr Simon
Lockett as an Independent Director with effect from today. It is
planned that he will succeed Oliver Baring as Senior Independent
Director after a period of a few months.
Simon Lockett has worked for many years in the international
upstream oil and gas industry, with an executive career spent with
Shell and then the FTSE 250 company Premier Oil plc, where he
served as Chief Executive for over 9 years. After leaving Premier
in 2014 he further extended his international experience, serving
since 2015 as a non-executive director of Triyards Holdings Limited
(a Singapore-listed builder of ships and rigs, where he chairs the
remuneration committee and is a member of the audit and nominations
committees) and of Pico Petroleum Limited (a privately-owned
Egyptian oil and gas exploration and production company, where he
chairs the nominations committee). He was previously on the board
of Genel Energy plc from 2016 until June 2017, and Chairman of the
Singapore listed Loyz Energy Ltd from 2014 until 2016. He has also
served (2010-2014) as a non-executive advisor, on behalf of the UK
government, for the UK-ASEAN Business Council.
There is no other information concerning Simon Lockett which is
required to be disclosed pursuant to paragraph 9.6.13 R of the
Listing Rules.
Steve Lucas, Chairman of Ferrexpo, said:
"We are delighted to welcome Simon Lockett to our Board, and we
look forward to working with him. With his extensive experience of
natural resources operations in emerging markets, he is well
equipped to understand and add value to Ferrexpo and to be our
Senior Independent Director."
For further information contact:
Ferrexpo:
Ingrid McMahon +44 207 389 8304
Maitland:
James Isola +44 207 379 5151
Notes to Editors:
Ferrexpo is a Swiss headquartered iron ore company with assets
in Ukraine. It has been mining, processing and selling high quality
iron ore pellets to the global steel industry for 40 years.
Ferrexpo's resource base is one of the largest iron ore deposits in
the world. The Group is currently the 3rd largest exporter of
pellets to the global steel industry and the largest exporter of
pellets from the Former Soviet Union. In 2016, it produced 11.2
million tonnes of pellets reflecting a 2% increase in production of
the Group's highest quality pellets to a record 10.5 million
tonnes. Ferrexpo has a diversified customer base supplying steel
mills in Austria, Slovakia, the Czech Republic, Germany and other
European states, as well as in China, India, Japan, Taiwan and
South Korea. Ferrexpo is listed on the main market of the London
Stock Exchange under the ticker FXPO. For further information,
please visit www.ferrexpo.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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