Directorate Appointment

RNS Number : 9811L

Obtala Resources PLC

17 May 2010

 



17 May 2010

OBTALA RESOURCES PLC ("Obtala" or the "Company")

Directorate Appointment

Obtala Resources Plc has appointed Lord St John of Bletso, (aged 53) to the Board as Non-Executive Director with immediate effect.

Lord St John lived in South Africa for 28 years where he qualified and practised as an attorney before graduating with a Masters in Maritime Law from London University.  He has been an active Crossbench Member of the House of Lords since 1978.  Amongst his appointments, he is currently the Vice Chairman of the All Party Parliamentary South Africa Group, Chairman of the UK Sierra Leone Business Forum and trustee of several charities focused on Africa. He was appointed an Extra Lord in Waiting to HM The Queen in 1998.

Formerly a Consultant to Merrill Lynch International since 1991, where he was responsible for parliamentary liaison and emerging markets, specialising in Africa. He is a former Managing Director of Globix UK, a NASDAQ-listed Internet Infrastructure Provider, and President of Global Sales and Marketing of Globix Corp.  Lord St John is a former Non-Executive Director of Equest Balkan Properties PLC (EBP), an AIM listed property fund focused primarily in Bulgaria and Romania and of Regal Petroleum Plc, a LSE fully listed European oil and gas exploration and production company as well as Sharp Interpack, one of the largest manufacturers of food packaging in the UK.

Lord St John currently holds Non-executive Director positions including Spiritel PLC, a telecommunications service provider, CarbonDesk PLC, an independent, specialist broker operating in the carbon emissions market. He is also a Member of the Advisory Board of Chayton Capital LLP, investment managers specialising in agricultural investment in Eastern Europe and Africa.

Frank Scolaro, Executive Chairman for Obtala, stated "Obtala Resources will undoubtedly reap the rewards from Lord St John's involvement on the Board.  His reputation, experience and knowledge blend perfectly with other Board members to take our Company forward on a professional and constructive basis."

Information in accordance with schedule 2(g) of the AIM rules is disclosed in the appendix.

Contact:

Simon Rollason - Managing Director Frank Scolaro - Chairman www.obtalaresources.co.uk	[phone]
Obtala Resources plc
ZAI Corporate Finance Ltd
Ray Zimmerman/ John Depasquale	[phone]
Threadneedle Communications
Laurence Read	[phone]

APPENDIX

Lord Anthony St John

Age: 53

Directorships

Current

CarbonDesk PLC

Albion Ventures LLP

Infinity SDC

Spiritel PLC

Governing Board of Certification International

Estate & General International

Non-remunerative Positions

SoCITM (Society of Local Government Communication and Information Technology Management)

Climate Change Infrastructure Corporation

Ariya Capital Group Ltd

Liberty Electric Cars Ltd

European Advisory Board of Global Carbon Exchange

ITW

Past

Hermes LLP

Regal Petroleum PLC

TerreStar Global

Equest Balkan Properties PLC (EBP)

Investment Committee of Equest Investments Bulgaria Ltd

WMRC plc

Globix Corporation

Trustees of Citizens Online

Pecaso Limited

No further information falls to be disclosed under schedule 2(g) of the AIM rules.

 

END

 

 

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