Iofina PLC Directorate Change (4930I)
02 April 2020 - 5:00PM
UK Regulatory
TIDMIOF
RNS Number : 4930I
Iofina PLC
02 April 2020
2 April 2020
Iofina Plc
("Iofina" or "the Company")
(LSE AIM: IOF)
Director Appointment
Iofina plc, specialists in the exploration and production of
iodine and manufacturers of specialty chemical products, is pleased
to announce the appointment of former Governor of the State of
Oklahoma in the United States, Mary Fallin, as a Non-Executive
Director of the Company with immediate effect.
Mary has had a distinguished political career in the State of
Oklahoma spanning over 30 years. She was elected the first female
Governor of the State in 2010, and was re-elected for a second term
in 2014. Prior to serving as Governor she held a number of
prominent state and federal positions, including serving as US
Congresswoman for Oklahoma's 5(th) district between 2007-2011 and
serving as Lieutenant Governor of Oklahoma between 1995-2006.
Mary has been a major contributor to natural resources
industries in Oklahoma, and implemented the State's first
comprehensive energy plan as well as its State-wide water plan.
Throughout her career she has held a number of prominent positions,
including: Chair of the Southern State Energy Board; Chair of the
Interstate Oil & Gas Compact Commission; and has served on the
natural resource committee of the National Governors Association
(NGA). Previously, she also served on the United States House of
Representatives Committee on Small Business and was Small Business
Chairman on the Republican Policy Committee, and was named the
"Guardian of Small Business" by the National Federation of
Independent Business. Mary has previously served on numerous Boards
of Directors for both commercial organizations and non-profits.
Iofina is well known to Mary, as she has engaged with the
Company during her tenure as Governor of Oklahoma on several
issues. Mary's addition to the Board is a result of a comprehensive
process which began in January of this year.
Commenting, President and CEO of Iofina Dr. Tom Becker, stated :
"I am pleased to announce Mary's appointment and we are delighted
to welcome such a prominent figure to the Board. Mary has had a
very successful political career in Oklahoma including serving as
Governor between 2011-2019, where Iofina continues to expand its
iodine production. Mary brings invaluable experience in natural
resources, crisis management and corporate governance, as well as a
wealth of connections. Throughout her time in politics she has been
a great advocate of small and medium-sized enterprises like Iofina
and so to have her join the team during this next phase of growth
is really exciting for us."
The following information is disclosed in accordance with
Schedule 2(g) of the AIM Rules for Companies.
Full name: Mary Copeland Fallin
Age: 65
Shares in the Company held: None
Directorships/partnerships held in the last five years:
Current Past
1121 Properties LLC None
Enquiries:
Dr. Tom Becker
CEO & President
Iofina plc
Tel: +44 (0)20 3006 3135
Christopher Raggett/Giles Rolls/Matthew Radley (corporate
finance)
Camille Gochez (ECM)
finnCap Ltd
Tel: +44 (0)20 7220 0500
Media Contact:
Charles Goodwin/Joe Burgess
Yellow Jersey PR Limited
Tel: +44 (0)20 3004 9512
About Iofina:
Iofina plc (AIM: IOF) is a vertically integrated Company that
specialises in the production of Iodine and the manufacturing of
specialty chemical products. As the second largest producer of
iodine in North America, it comprises three USA entities; Iofina
Resources, Iofina Chemical and IofinaEX.
LEI: 213800QDMFYVRJYYTQ84
ISIN: GB00B2QL5C79
Iofina Resources
Iofina Resources develops, builds, owns and operates iodine
extraction plants using Iofina's WET(R) IOsorb(R) technology.
Iofina currently operates four producing IOsorb(R) plants in
Oklahoma is building a fifth site, and is consistently using
technology and innovation to improve and expand its operations.
Iofina Chemical
Iofina Chemical has manufactured high quality halogen speciality
chemicals derived from raw iodine, as well as non-iodine based
products for over 35 years.
IofinaEX
Iofina's newest subsidiary, IofinaEX, is fully licensed to
process hemp in the state of Kentucky and is exploring the
isolation of specialty chemical products from hemp, a rapidly
expanding market.
www.iofina.com
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
This information is provided by RNS, the news service of the
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END
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