Armadale Capital Plc Appointment of Non-executive Director
07 Gennaio 2020 - 12:01PM
UK Regulatory
TIDMACP
Armadale Capital Plc ('Armadale' or 'the Company')
Appointment of Non-executive Director
Armadale Capital plc (LON:ACP), the AIM quoted investment
company focused on natural resource projects in Africa, is pleased
to announce that Ms Amne Suedi has been appointed to the Board as a
Non-executive Director with immediate effect.
Ms Suedi is a highly experienced legal professional who
specialises in Africa based investment and business law. Ms Suedi
is the founder and CEO of Shikana Law Group, a law firm in Kenya,
Zanzibar and Tanzania and headquartered in Dar es Salaam, which
provides legal and investment advice to foreign investors operating
in Africa. Previously Ms Suedi acted as a legal adviser to Pictet
Asset Management in Switzerland and the World Trade
Organisation.
Ms Suedi has an LLM in international trade and finance law along
with a Licence in Law from University College London and the
University of Geneva respectively.
Nick Johansen, Director of Armadale, said,"We are delighted to
welcome Amne to the Board at what continues to be a very exciting
time in the Company's development.
"Amne will provide the Company with great value and counsel from
her significant experience of working with and advising Africa
based investment companies."
The information required by Schedule 2 Paragraph (g) of the AIM
Rules for Companies in relation to the appointment of Amne Sharifa
Suedi (aged 38) as Non-Executive Director is as follows:
Current Directorships Past Directorships
Shikana Law Group Limited n/a
Mrs Amne Suedi does not hold any interest over the ordinary
shares in Armadale Capital plc.
**ENDS**
For further information, please visit the Company's website
www.armadalecapitalplc.com, follow Armadale on Twitter
@ArmadaleCapital or contact:
Enquiries:
Armadale Capital Plc +44 20 7236 1177
Tim Jones, Company Secretary
Nomad and broker: finnCap Ltd +44 20 7220 0500
Christopher Raggett / Max Bullen-Smith
Joint Broker: SVS Securities +44 20 3700 0093
Tom Curran / Ben Tadd
Press Relations: St Brides Partners Ltd +44 20 7236 1177
Charlotte Page / Beth Melluish
Notes
Armadale Capital Plc is focused on investing in and developing a
portfolio of investments, targeting the natural resources and/or
infrastructure sectors in Africa. The Company, led by a team with
operational experience and a strong track record in Africa, has a
strategy of identifying high growth businesses where it can take an
active role in their advancement. Its current key focus is the
Mahenge Liandu graphite project in south-east Tanzania, located in
a highly prospective region with a high-grade JORC compliant
inferred mineral resource estimate of 51.1Mt @ 9.3% TGC. Marking
the project one of the largest high-grade resources in Tanzania,
and work to date has demonstrated Mahenge Liandu's potential as a
commercially viable deposit with significant tonnage, high-grade
coarse flake and near surface mineralisation (implying a low strip
ratio) contained within one contiguous ore body.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200107005507/en/
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(END) Dow Jones Newswires
January 07, 2020 06:01 ET (11:01 GMT)
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