Vast Resources plc Appointment Of Director

Data : 11/11/2019 @ 08:00
Fonte : UK Regulatory (RNS & others)
Titolo : Vast Resources Plc (VAST)
Quotazione : 0.27  -0.025 (-8.47%) @ 16:27
Quotazione Vast Resources Grafico

Vast Resources plc Appointment Of Director

   Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 
   11 November 2019 
   Vast Resources plc 
   ("Vast" or the "Company") 
   Appointment of Director 
   The Directors of Vast, the AIM-listed mining company, are pleased to 
announce the appointment to the Board of Mr Paul Fletcher as Finance 
Director of the Company with immediate effect. 
   Paul Fletcher has been Chief Financial Officer of the Company since his 
appointment on 11 February 2019.  Paul has 25 years' experience working 
in the commodity and financial services industries.  He has held a 
variety of senior international finance and operational roles in trading, 
processing, and financial businesses in the US, Europe, and Asia, most 
recently with Bunge, the US agribusiness and food company, as Global CFO 
& Controller of Bunge Financial Services, a Bunge group business unit 
providing financing and risk management solutions, and as Treasury and 
Trading Product Line Controller.  Prior to joining Bunge, Paul held 
various senior roles within Cargill Inc's energy business and internal 
audit, and was also an audit and tax manager at PepsiCo Snacks and audit 
assistant manager at KPMG in Barcelona. 
   Roy Tucker, former Finance Director, will continue as Business Director 
of the Company. 
   Commenting on the appointment, Andrew Prelea, Chief Executive Officer of 
the Company said, "I have great pleasure in welcoming Paul to the Board. 
Paul has demonstrated expertise and commitment to Vast ever since his 
appointment as Chief Financial Officer and has already made a 
significant contribution to the Company.  I believe that his appointment 
to the Board will strengthen the Company in this next important phase of 
the Company's history." 
   The information required by Schedule 2 Paragraph (g) of the AIM Rules 
for Companies in relation to the appointment of Paul Fletcher is 
contained below. 
   For further information, visit or please contact: 
Vast Resources plc      
 Andrew Prelea (Chief Executive   +44 (0) 1491 615 232 
 Andrew Hall 
Beaumont Cornish - Financial & 
 Nominated Adviser                +44 (0) 020 7628 3396 
 Roland Cornish 
 James Biddle 
SP Angel Corporate Finance LLP 
 -- Broker                        +44 (0) 20 3470 0470 
 Richard Morrison 
 Caroline Rowe 
 Tim Blythe                       +44 (0) 20 7138 3204 
 Megan Ray 
   The information contained within this announcement is deemed by the 
Company to constitute inside information as stipulated under the Market 
Abuse Regulations (EU) No. 596/2014 ("MAR"). 
   The information required by Schedule 2 Paragraph (g) of the AIM Rules 
for Companies in relation to the appointment of Paul Edward Fletcher 
(aged 53) as Finance Director is as follows: 
Current  Past within 5 years 
None     Bunge London Ltd 
         Gulf Sugar Procurement Ltd 
         Credit & Trading Company 
         Bunge Global Trading International 
         Ecoinvest Carbon SA 
         Bunge Emissions Holdings SarL 
   Paul Fletcher holds 17,381,437 shares in the Company representing 0.17% 
of the Company's issued ordinary share capital ("ISC") together with 
Share Appreciation Rights ("SARs") under the Company's Share 
Appreciation Rights Scheme over 9,000,000 shares in the Company with a 
base price of 0.25p per share, representing 0.09% of the ISC and of 
which 4,500,000 SARs expire on 3 November 2022 and 4,500,000 SARs expire 
on 31 March 2023. 
   Save as disclosed above, there are no further disclosures required to be 
made in respect of the appointment of Paul Fletcher under Schedule 2(g) 
or Rule 17 of the AIM Rules for Companies. 
   -- Appointment of Director 

(END) Dow Jones Newswires

November 11, 2019 02:00 ET (07:00 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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