| Wed 20 Dec 2006, 10:57 | | LAF - Lonrho Africa Plc - Directorate changes |
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LAF
LOLAF
LAF - Lonrho Africa Plc - Directorate changes
Lonrho Africa Plc
(Incorporated and registered in England and Wales)
(Registration number 2805337)
(Share code: LAF; ISIN number: GB0002568813)
("Lonrho Africa" or "the Company")
Directorate changes
Lonrho Africa is pleased to announce the appointment of Donald Strang as a
Non-Executive Director to the Lonrho Africa Board with immediate effect.
His appointment follows Michael Wilson`s decision to step down as a Non-
Executive Director as of yesterday, after 9 years with the Company.
"I would like to take this opportunity to thank Michael for his
considerable contribution and loyalty to Lonrho Africa over the years. He
was instrumental in changing the fortunes of the Company and re-
establishing the Lonrho Africa name. We wish him all the best for the
future", said David Lenigas, Lonrho Africa`s Joint Chairman and Chief
Executive.
Mr. Strang (38), a Chartered Accountant, has more than 15 years experience
in finance and was recently appointed Finance Director and Company
Secretary of Brinkley Mining Plc as well as Company Secretary of BDI Mining
Corporation. Until June of this year, Mr Strang held the position of
Company Secretary at Asia Energy Plc. Before joining Asia Energy, he
fulfilled a temporary contract as Finance Manager for the London
Underground and was a financial analyst with Dresdner Kleinwort, Deutsche
Bank and Credit Suisse First Boston. Prior to that he acted as Group
Financial Controller at Macraes Mining Company Limited in Australia and New
Zealand after commencing his career as a Senior Accountant with Ernst &
Young. Mr. Strang holds a Bachelor of Commerce from the University of
Western Australia and a Post Graduate Diploma in Finance and Investment
from the Securities Institute of Australia.
Welcoming the appointment, David Lenigas said: "I am pleased that Donald
Strang has agreed to join the Board of Lonrho Africa. I believe that Lonrho
Africa will benefit greatly from his financial experience and we look
forward to working with him."
For further information, please contact:
Lonrho Africa Plc +44 (0)20 7016 5105
David Lenigas, Joint Chairman and Chief Executive +44 (0)7881 825 378
Emma Priestley, Executive Director +44 (0)7867 785 177
Strand Partners Limited +44 (0)20 7409 3494
Simon Raggett
Matthew Chandler
Cardew Group +44 (0)20 7930 0777
Nadja Vetter +44 (0)7941 340 436
Eden Mendel +44 (0)7887 676 603
Emma Consett +44 (0)7971 468 308
Notes to editors
Lonrho Africa is in the process of re-establishing a significant presence
on the African continent. Its investment and acquisition strategy, which
was adopted following the appointment of David Lenigas as Chairman and
Chief Executive and subsequent shareholder approval in February 2006,
focuses on the natural resources, infrastructure, transport, leisure and
agribusiness sectors. Lonrho Africa`s executive team has considerable
experience across these industries in a wide range of countries. This year,
Lonrho Africa has announced investments in Brinkley Mining Plc, Nare
Diamonds Ltd, Luba Freeport, Fly540 and Norse Air.
Appendix
In accordance with Schedule 2(g) of the AIM Rules, the following additional
information in relation to the appointment of Donald Ian George Layman
Strang to the Lonrho Africa Board, is disclosed below:
Mr Strang holds and has held within the five preceding years the following
directorships and partnerships:
Current directorships and partnerships:
Brinkley Mining Plc
Leni Gas & Oil Plc
Past directorships and partnerships:
Coal International Plc
Caffeine Consultants (UK) Limited
Save as set out above, there is no further information to be disclosed in
respect of Mr Strang`s appointment under Schedule 2(g) of the AIM Rules.
Date: 20/12/2006 10:57:01 Produced by the JSE SENS Department.
