| Tue 2 Dec 2008, 8:44 | | LAF - Lonrho Plc - Appointment of New Finance Director |
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LAF
LOLAF
LAF - Lonrho Plc - Appointment of New Finance Director
Lonrho Plc
(Formerly Lonrho Africa Plc)
(Incorporated and registered in England and Wales)
(Registration number 2805337)
(Share code: LAF; ISIN number: GB0002568813)
("Lonrho Africa" or "the Company")
Appointment of New Finance Director
1 December 2008
Lonrho Plc (AIM: LONR), the conglomerate with a structured portfolio of African
investments is pleased to announce the appointment of David James Armstrong as
Finance Director of Lonrho with immediate effect.
Mr Armstrong (FCA), age 43, brings with him extensive experience of operating
across Africa having been, until October 2004, the Commercial Director of Diageo
Africa with combined functional responsibility for finance, information systems,
strategy and business development. Mr Armstrong contributed to the successful
deployment of Diageo`s pan-African growth strategy, encompassing over 50
countries. More recently, Mr. Armstrong has been the COO of McArtherGlen in
the UK and Europe with retail sales of Euros 1.3billion.
With Mr Armstrong`s appointment as Finance Director of Lonrho today, Ms Jean
Ellis has stood down as the Company`s Finance Director and today assumes the
role as a non-executive director of the Company.
David Lenigas, Lonrho`s Executive Chairman commented:
"We are delighted to welcome David Armstrong as Finance Director of Lonrho. Mr.
Armstrong brings to our Board a wealth of experience in the financial and
business worlds with particular emphasis on Africa. I look forward to working
closely with Mr. Armstrong as we continue to grow our business and we believe
that his contribution and expertise will be of considerable value as Lonrho`s
presence increases throughout the African continent.
"I would also like to thank Jean Ellis for all of her hard work in the past and
I am delighted that Lonrho will still benefit from her continued support and
advice in her new role as a non-executive director of the Lonrho Board."
Enquiries
Lonrho Plc +44 (0)20 7016 5105
www.lonrho.com
David Lenigas, Executive Chairman +44 (0)7881 825 378
Geoffrey White, Chief Executive +44 (0)7717 307 308
Officer
Emma de +44 (0)7867 785 177
Borchgrave, Executive Director
Pelham PR
Charles Vivian +44 (0) 20 7743 6672
+44 (0) 7977 297903
James MacFarlane +44 (0) 20 7743 6375
+44 (0) 7841 672831
Collins Stewart Europe Limited
Hugh Field +44 (0) 20 7523 8350
ADDITIONAL DISCLOSURE:
Mr Armstrong holds or has held the following directorships, and is or was a
member of the following partnerships during the past five years:
Current Past directorships/partnerships
directorships/partnerships
Amoria Limited Guinness Nigeria plc
Amoria Brands Limited Guinness Ghana Limited
Ministry of Ideas Limited Seychelles Breweries Ltd
Spritz UK Limited CMMUDV SA
Namibian breweries Plc
McArthurGlen (UK) Ltd
Spritz Limited
There are no further disclosures required under paragraph (g), Schedule Two of
the AIM Rules for Companies in respect of Mr Armstrong.
NOTES TO EDITORS
About LONRHO:
Lonrho Plc is an expanding conglomerate that is rapidly growing a successful
business throughout Africa. The Company`s shares are traded on the London AIM
stock exchange (LONR). Lonrho is strategically focused on the development of
business opportunities in infrastructure, transportation, support services,
hotels and natural resources. The Company has over 19,000 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.
South African sponsor to Lonrho Plc
Java Capital (Proprietary) Limited
Date: 02/12/2008 08:44:27 Produced by the JSE SENS Department.
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