Capital Limited Appointment of Chief Financial Officer (2826M)
20 January 2021 - 6:00PM
UK Regulatory
TIDMCAPD
RNS Number : 2826M
Capital Limited
20 January 2021
For Immediate Release 20 January 2021
Capital Limited
("Capital", the "Group" or the "Company")
Appointment of Chief Financial Officer
Capital (LSE: CAPD), a leading mining services company focused
on the African markets, is pleased to announce the appointment of
Giles Everist to the role of Chief Financial Officer (CFO),
commencing 1 March 2021. Mr. Everist will replace André Koekemoer,
who has resigned to return to South Africa for personal
reasons.
Mr. Everist has spent the large majority of his 30 plus year
career in the international mining sector in CFO, executive and
non-executive roles with listed global companies across Africa,
Asia, South America and Australia. He has extensive acquisition,
debt and equity capital markets, working capital management and
financial restructuring experience, as well as strategy and ESG
framework development.
He most recently held the roles of Non-executive Director and
then CFO at ASX listed Macmahon Holdings Ltd (Macmahon) during a
period of significant growth and transformation for the company.
Macmahon is a leading mining services company providing a complete
package of mining services, from mine development to materials
movement and rehabilitation, for surface and underground mining
groups throughout Australia and Southeast Asia. Macmahon has been
involved in many of Australia's largest multi-disciplinary mining
projects across a range of commodities during its 55-year history
and it employs over 7,000 people. During his tenure as CFO since
2017, Macmahon has delivered significant revenue and record EBITDA
growth, and maintained a strong balance sheet while broadening its
offering into adjacent services across the mining value chain.
Mr. Everist also holds Non-executive Directorships with ASX
listed Austal Limited and Norwood Systems Limited, including the
role of Chair of Audit & Risk Committees for both
companies.
Commenting on the appointment, Jamie Boyton, Executive Chairman,
said:
'We are excited to welcome Giles to Capital. I am extremely
pleased we have attracted someone of his calibre who brings
extensive experience that is closely aligned to our strategic
growth direction. His contribution will complement our transition
into delivering earth moving services in addition to our existing
drilling, laboratory and maintenance services, and I look forward
to working closely with him.
On behalf of the Capital Board, I would also like to take this
opportunity to thank Andre for his outstanding service since
joining Capital in 2009 and wish him all the very best for the
future.'
- ENDS -
For further information, please visit Capital Limited's website
www.capdrill.com or contact:
Capital Limited +230 464 3250
Jamie Boyton, Executive Chairman investor@capdrill.com
Rick Robson, Executive - Corporate Development
Berenberg +44 20 3207 7800
Matthew Armitt
Jennifer Wyllie
Detlir Elezi
Tamesis Partners LLP +44 20 3882 2868
Charlie Bendon
Richard Greenfield
Buchanan +44 20 7466 5000
Bobby Morse capital@buchanan.uk.com
Kelsey Traynor
James Husband
About Capital Limited
Capital is a leading mining services company providing a
complete range of drilling, mining, maintenance and geochemical
laboratory solutions to customers within the global minerals
industry, focusing on the African markets. The Company's services
include: exploration, delineation and production drilling; load and
haul services; mining equipment hire and maintenance; and
geochemical analysis. The Group's corporate headquarters are in
Mauritius and it has established operations in Botswana, Burkina
Faso, Côte d'Ivoire, Egypt, Guinea, Mali, Mauritania, Nigeria,
Saudi Arabia and Tanzania.
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END
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