25 June 2020
Ormonde Mining plc
("Ormonde" or "the Company")
New Non-Executive Director Appointment
Ormonde announces the appointment of Mr. Brian Timmons to its Board of Directors (the "Board"), as a non-executive director, on 24 June 2020. Mr. Timmons' appointment is at the request of the Company's largest shareholder and the Board believes that Mr. Timmons can add perspective to the Board as it seeks to develop its business.
Additional disclosures in relation to appointment:
Mr. Timmons is a Fellow of the Association of Chartered Certified Accountants, with over 30 years of experience in senior positions within companies across a range of industries, including fund management, investment banking (in Irish Life Assurance Co. and AIB Capital Markets PLC respectively), healthcare technology, bioscience, alternative energy and resource companies, e-commerce, telecoms and software IT. Mr. Timmons is presently the Chief Financial Officer of Irish Medical Systems, a privately owned medical software company providing administration systems and electronic patient records systems to healthcare organisations and is an advisor to a number of other international commercial ventures.
The new non-executive director appointee is subject to re-election by shareholders at the next Annual General Meeting of the Company, now scheduled for 17 September 2020.
Mr. Brian Timmons
Full name: Brian Patrick Timmons
The following are the directorships and partnerships held by Mr. Timmons within the past five years:
Current directorships / partnerships
Past directorships / partnerships:
Irish Medical Systems (Holdings) Ltd
Irish Medical Systems (Computers) Ltd
Cutstone Productions Ltd
Cutstone Finance Ltd
Cinema Digital Systems Ltd
Plasfab Goodwill Promotions Ltd
Mr. Timmons was a director of Plasfab Goodwill Promotions Ltd when a liquidator was appointed on 18 March 2020 under a members' voluntary liquidation.
Mr. Timmons does not have any interest in the share capital of Ormonde. There are no further details that are required to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules and Euronext Growth Rules.
Ormonde Mining plc
Jonathan Henry, Executive Chairman
Paul Carroll, Chief Financial Officer
Fraser Gardiner, Chief Operating Officer
Tel: +353 (0)1 8014184
Davy (Nomad, Euronext Growth Advisor and Joint Broker)
John Frain / Barry Murphy
Tel: +353 (0)1 679 6363
SP Angel Corporate Finance LLP (Joint Broker)
Tel: +44 (0)20 3 470 0470