TIDMPRIM

RNS Number : 2005F

Primorus Investments PLC

13 November 2020

Primorus Investments PLC

("Primorus" or the "Company")

Resignation of Directors

Primorus Investments PLC (AIM: PRIM; AQSE: PRIM) announces the resignations of Alastair Clayton and Jeremy Taylor-Firth who step down with immediate effect as Executive Director and Non-Executive Chairman of the Company respectively.

Rupert Labrum will assume the role of Executive Chairman of the Company until further notice. The board of Primorus (the "Board") is currently undertaking a strategic review of the Company and its business, which shall include a review of the current Board composition. Once the strategic review is completed, a further update will be provided.

Rupert Labrum, Executive Chairman, said: "I would like to thank Alastair and Jeremy for their contributions over the past several years, not least for their part in the value creation and realisation from the recently completed divestiture of the Company's stake in Greatland Gold plc. The Board wishes them well in their future endeavours."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

 
 Primorus Investments plc:         +44 (0) 7818 411 271 
 Rupert Labrum 
 
 Nominated Adviser:                +44 (0) 20 7213 0880 
 Cairn Financial Advisers LLP 
 James Caithie / Sandy Jamieson 
 
 Broker:                           +44 (0) 20 3657 0050 
 Turner Pope Investments 
 Andy Thacker / Zoe Alexander

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November 13, 2020 02:00 ET (07:00 GMT)

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