| Mon 8 Oct 2007, 8:52 | | LAF - Lonrho Plc - Board Changes |
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LAF
LOLAF
LAF - Lonrho Plc - Board Changes
Lonrho Plc
(Formerly Lonrho Africa Plc)
(Incorporated and registered in England and Wales)
(Registration number 2805337)
(Share code: LAF ISIN number: GB0002568813)
("Lonrho" or "the Company")
BOARD CHANGES
Lonrho (AIM: LONR), the conglomerate with a structured portfolio of African
investments, today announces that Geoffrey White, who joined the Company on
1st June 2007 as Chief Operating Officer, has today been appointed as Chief
Executive Officer and a director of the Company.
Mr David Lenigas remains Executive Chairman and continues to lead the
Company. He will work closely with Geoffrey White whose primary role will
be to manage the day to day operations of the Company.
Geoffrey White has over 25 year`s experience working in senior management
roles with Thomas Tilling Plc, BTR Plc and Dee Corporation Plc. During the
past four years he has worked for the private office of His Highness Sheikh
Khalifa Al Thani in London. Geoffrey has previously worked with Hilton
International, Ford Motors (PAG), Praton International GmbH, FFS Refiners
(pty) Ltd, Sengamines Sarl, Oryx Natural Resources, African Mining
Investments Limited and Pegasus Energy Limited.
Additionally Mr Martin Horgan has today resigned as a Non-Executive
Director of Lonrho to concentrate on his other business activities.
David Lenigas, Executive Chairman said:
"I am extremely pleased that Geoffrey has taken on the role of CEO; this
was a move that has been planned from the time he joined Lonrho. Geoffrey`s
African expertise has been an invaluable asset to Lonrho as we grow the
business and seek to maximise shareholder value.
"I would also like to thank Martin for his significant contribution to the
Company and we wish him well in the future."
ENQUIRIES
Lonrho Plc +44 (0) 20 7016 5105
David Lenigas, Chief Executive +44 (0)7881 825 378
Emma Priestley, Executive Director +44 (0)7867 785 177
Pelham PR
Charles Vivian +44 (0) 20 7743 6672
+44 (0) 7977 297903
Alisdair Haythornthwaite +44 (0) 20 7743 6676
+44 (0) 7714 721379
Collins Stewart Europe
Hugh Field +44 (0) 20 7523 8350
Jonny Sloan
The current directorships of Geoffrey Trevor White (aged 46) are:
CarbonPaid Limited, Grenville Investments Ltd, Lonrho Air (B.V.I.) Ltd,
Nare Diamonds Ltd and SA Independent Liner Services Ltd.
The previous directorships of Geoffrey Trevor White are: African Business
Group, AMMCO Pty SA, Dutyfirst Trading Limited, Gulf Environment, Hilton
Salalah SAOG, International Services Limited, MEAD, Oryx Natural Resources,
Pegasus Energy Limited and Sengamines Sarl.
There are no further disclosures to be made regarding Geoffrey White in
accordance with the AIM Rules.
About LONRHO:
Lonrho Plc is an expanding conglomerate that is rapidly growing a
successful business throughout Africa. The Company is listed on the London
AIM stock exchange (LONR). Lonrho is strategically focused on the
development of business opportunities in infrastructure, transportation,
support services and natural resources. The Company has over 20,000
shareholders and substantial institutional backing to support its mandate
to build a profitable business that plays a fundamental role in the
development of the African economy.
Since 2006, the Company has invested in or acquired control of:
Hotel Cardoso - www.hotelcardoso.co.mz (retained)
Nare Diamonds - www.narediamonds.com
Luba Freeport - www.lubafreeport.com
Fly540 - www.fly540.com
Norse Air - www.norseair.co.za
Swissta Holdings - www.swissta.com
SA Independent Liner Services
Bytes & Pieces
5th October 2007
South African sponsor to Lonrho Africa Plc
Java Capital (Proprietary) Limited
Date: 08/10/2007 08:52:14 Produced by the JSE SENS Department.
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