Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Oxus Gold PLC (OXS)

  Print      Mail a friend       Annual reports

Friday 21 December, 2007

Oxus Gold PLC

Directorate Change

Oxus Gold PLC
21 December 2007

                                 OXUS GOLD PLC

                              Changes to the Board

LONDON: 21 December 2007 - Oxus Gold plc ('Oxus' or the 'Company') (OXS.L) is
pleased to announce changes to its board of directors.

With effect from 7 January 2008 Richard Wilkins will be appointed Chief
Executive Officer and Jonathan Kipps will be appointed Company Secretary in
addition to his current role as Finance Director. William Trew will be stepping
down as Chief Executive Officer and resigning as a director of Oxus in order to
pursue other business interests.

In addition, Miradil Djalalov, the managing director of Zeromax GmbH
('Zeromax'), the Company's strategic alliance partner in Uzbekistan, will join
the board as a non-executive director, and John Donald will join the board as an
executive director and will be appointed as Chief Operating Officer.

John Donald's principal responsibility will be to bring the phase 2 underground
sulphides project at Amantaytau Goldfields ('AGF') into production. Mr Donald, a
mining engineer, previously held the position of Chief Operating Officer and was
a director of the Company, prior to retiring in September 2004, during which
time he presided over the construction and initial operations at AGF's Phase 1
open pit oxides project. Mr Donald has over 30 years' experience in the mining
industry, including underground mining experience, with AngloGold, Randgold
Resources and Consolidated Mining Corporation.

Also with effect from 7 January 2008, the directors of the Company have
appointed Graham Hill, General Director of AGF, as an alternate director. Mr
Hill will be entitled to attend all the Company's board meetings and to vote in
respect of each of his appointers who is absent. He will continue to act as
General Director of AGF. Prior to joining AGF Mr Hill, a mechanical engineer,
worked for MAED Limited in Africa, Uzbekistan and Kyrgyzstan.

Douglas Sutherland remains as acting non-executive chairman, and Oliver Prior
and Gordon Wylie remain as non-executive directors of the Company.

Richard Wilkins, commented: 'Firstly I would like to thank Bill Trew for
everything that he has done for Oxus. Under his tenure as CEO the Company was
transformed from a junior exploration company to a gold producer, an important
milestone in the Company's development. His leadership and vision were greatly
appreciated and we all wish him well for the future.

'I am delighted to welcome Miradil Djalalov to the board. The strategic alliance
with Zeromax will continue to play an important role in Oxus's future and Mr
Djalalov's direct involvement with the Company will enhance this relationship.'

'Our main priority is to develop the underground project at AGF, which contains
the bulk of our reserves and resources, and is expected to increase AGF's
production to over 300,000 ounces a year. In this respect I am also delighted to
welcome John Donald back to the Company, whose relevant experience, both in
underground mining and in Uzbekistan, can only enhance our ability to deliver
this project into production efficiently and effectively. Finally Graham Hill's
appointment will further strengthen the technical expertise on our board and we
look forward to welcoming him as an alternate director.'

Further details relating to Mr. Djalalov, Mr. Donald and Mr. Hill are set out

Mr. Miradil Sabitovich Djalalov, aged 42, is the Managing Director of Zeromax
GmbH (Switzerland) which is wholly-owned by Mr Djalalov and his wife. He was
previously CEO and owner of Zeromax LLC (USA). Mr. Djalalov is currently
indirectly interested in 57,000,000 ordinary shares in the Company through
Zeromax, representing 15.6 per cent. of the outstanding share capital. Mr.
Djalalov also holds an indirect option, through Zeromax, to acquire up to
52,254,353 additional ordinary shares in the Company at 80 pence per share from
RAB Special Situations (Master) Fund Limited.

Mr. John Clow Donald, aged 59, was a previous director of Consolidated Mining
Corporation, General Manager of Randgold Resources Ltd., director and the major
shareholder of Thistle Minerals Limited and director and COO of Oxus Gold plc.
Mr. Donald is currently a director and the major shareholder of Cally
Investments Ltd. Mr. Donald is also a member of Mine Managers Association of
South Africa and a member of the Institute of Mining and Metallurgy of South

Mr. Graham David Hill, aged 49, is General Director of Amantayau Goldfields AO,
Oxus's 50% owned joint venture in Uzbekistan. Mr. Hill is currently interested
in 35,000 shares in the Company and holds 200,000 options, each exercisable for
one share in the capital of the Company at 54 pence per share.

There is no further information in regard to the appointment of Mr. Miradil 
Sabitovich Djalalov, Mr. John Clow Donald and Mr. Graham David Hill required to 
be disclosed pursuant to Schedule 2 paragraph (g) of the AIM rules for Companies.


Oxus Gold plc

Richard Wilkins                  Tel: +44 (0)20 7907 2004
Johnny Kipps                     Tel: +44 (0)20 7907 2007

Canaccord Adams Limited          Tel: +44 (0)20 7050 6500
Erin Needra/Mike Jones

Bankside Consultants Ltd.
Keith Irons/Oliver Winters       Tel: +44 (0)20 7367 8873

                      This information is provided by RNS
            The company news service from the London Stock Exchange

a d v e r t i s e m e n t