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W Resources PLC - Non-Executive Director Appointment

RNS Number : 0668Z
W Resources PLC
08 January 2020
 

 

 

 

 

 

 

8 January 2020

 

W Resources Plc

("W" or the "Company")

Non-Executive Director Appointment

W Resources Plc (AIM:WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal, is pleased to announce the appointment of Mr Oscar Marin Garcia as a Non-Executive Director of the Company with immediate effect.

Oscar Marin Garcia has over 20 years' experience, specialising in retail business in the Extremadura region of Spain and managing family office investments. He is co-founder and CEO of Lider Aliment, SA, a €200m sales family owned company. Prior to Lider Aliment, Oscar was a Regional Finance Director for Western Europe of Procter & Gamble in Geneva, Switzerland. He holds a Bachelor of Law and a Bachelor of Economics from ICADE - Comillas Pontifical University in Madrid, Spain and a Master of Business Administration degree from San Telmo Business School in Seville, Spain.

Oscar Marin Garcia has a beneficial interest in 114,655,600 Ordinary Shares, representing approximately 1.8 per cent. of the issued Ordinary Share Capital of the Company.

Michael Masterman, Chairman of W Resources, commented: "We are delighted to have Oscar Marin Garcia join the Board of W Resources. He will contribute strongly to our growth and success, in particular in further strengthening our relations with key stakeholders in Spain and in the Extremadura region".

Oscar Marin Garcia, aged 43, is or was a director of the following companies during the last five years:

Current directorships

Previous directorships

-    Lider Ailment, SA

 

- None

There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.

Enquiries:

W Resources Plc

Michael Masterman

T: +44 (0) 20 7193 7463

www.wresources.com

 

Grant Thornton UK LLP

Colin Aaronson / Seamus Fricker

T: +44 (0) 20 7383 5100

 

 

Joint Broker

Turner Pope Investments (TPI) Ltd

Andy Thacker

T: +44 (0) 203 657 0050

www.turnerpope.com

Joint Broker

Alternative Resource Capital / Shard Capital

Alex Wood

T:+44 (0) 207 186 9004

www.altrescap.com

 

Damon Heath

T:+44 (0) 207 186 9952

www.shardcapital.com

Alma PR

Justine James

M: +44 (0) 7525 324431

[email protected]

 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: W Resources PLC

Price: 0.1304

Market: AIM
Market Cap: £8.74 m
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