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Board Appointment

Board Appointment.

articleIronveld PlcJune 5, 20234/company/ironveld-plc/news/board-appointment-166
Board Appointment

About this update from Ironveld Plc

[{"type":"text","content":"\n\nIronveld Plc (\"Ironveld\" or the \"Company\")\nBoard Appointment\nIronveld plc (\"Ironveld\" or the \"Company\"), the AIM quoted mining development company, is pleased to announce the appointment of Ms Malebo Ratlhagane as Deputy Group CFO and to the Board of Directors, with immediate effect.\n \nAdditionally, Brian James, who has worked with Ironveld since 2012, and has extensive experience in public company reporting, has agreed to take on the role as Acting Group CFO in a non-Board capacity in order to provide support and mentorship over a transitional period of around 12 months, following which it is anticipated that Ms Ratlhagane will become Group CFO.\n \nGiles Clarke, Chairman of Ironveld, said: \"Following the recent rapid growth in the Company's operations, the Board has decided to establish a more visible financial reporting structure for shareholders going forward, hence the appointment of Malebo as Deputy Group CFO and Brian as Acting Group CFO. As noted, we expect Malebo to become Group CFO after a transitional period of around 12 months.\"\n \nMalebo Ratlhagane has acted as Head of Finance for all of the Ironveld Group's South African entities since 2022 and has been with the Company since 2014. She is a Certified Professional Accountant and a member of the South African Institute of Professional Accountants.\n \nBrian James is currently UK Head of Finance for Ironveld Plc and Company Secretary. He is a Chartered Certified Accountant who has acted in senior financial roles for a number of public companies over the last 12 years, including Amerisur Resources where he was employed from 2011 to its sale in January 2020.\n \nIn due course it is the Board's intention to promote further members of the South African Executive team to ensure that the Plc Board more fully represents the day-to-day operations of the Company and the senior employees.\n \nRegulatory disclosures\nThe following information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in relation to Ms Elizabeth Malebo Ratlhagane, aged 39:\nCurrent Directorships\nNone\nDirectorships within the past 5 years:\nNone\nAt the date of this announcement, Malebo holds options over a total of 3,000,000 new ordinary shares of 0.1 pence each in the Company, representing 0.08 per cent. of th...

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