Woodbois Limited Appointment of Independent Non-Executive Director (8192Q)
01 November 2021 - 6:00PM
UK Regulatory
TIDMWBI
RNS Number : 8192Q
Woodbois Limited
01 November 2021
1 November 2021
Woodbois Limited
("Woodbois", the "Group" or the "Company")
Appointment of Independent Non-Executive Director
Woodbois Limited (AIM: WBI), the African-focused forestry,
timber trading, reforestation and voluntary carbon credit company,
is pleased to announce the appointment of David Rothschild to the
role of Independent Non-Executive Director with immediate
effect.
David has a wide range of experience in growing businesses and
improving their performance as a senior manager and adviser. He has
been active in the African resource and agricultural sectors over
the past 20 years, including as co-developer of a Liberian
greenfield sustainable palm oil operation, and as advisor on
environmental and social action planning. He has also been actively
involved in governmental and NGO relations and was an early
Steering Committee Member of the High Carbon Stock Approach Group,
which ensures responsible development. A French speaker with over
40 years experience in international business, including six years
at the consultancy, McKinsey & Co, he is a dual national of the
USA and South Africa and holds both B.Com and MBA degrees.
David will be a Member of the Audit, Remuneration and
Nominations Committees.
Chair and CEO, Paul Dolan, said: "We welcome David to the Board
and are very excited by what he will add to the Company's
development. His business experience on the ground in West Africa,
including on ESG matters, as well as his considerable business
acumen, will no doubt be invaluable in helping us achieve our
objectives. Our wide search conducted by specialist African
recruiters was to ensure that we not only comply with best practice
in our governance but also to ensure that we recruited the right
person: he will fit in perfectly."
David Rothschild said: "I am joining Woodbois at a pivotal time
in its development. The opportunities ahead of the Company in its
various segments are exceptional. I am thrilled to become an
Independent Member of the Board and look forward to providing
strategic and on-the-ground advice as we continue to grow quickly
the activities and reach of the Company."
Regulatory Disclosures:
The following information regarding the appointment of David
Saharin Rothschild (aged 62) is disclosed under Schedule 2(g) of
the AIM Rules for Companies:
Current directorships and/or partnerships Former directorships
and/or partnerships
(within the last five years)
Mencor Pty Ltd None
Mr Rothschild does not hold any ordinary shares in the
Company.
There are no further disclosures required under Schedule 2(g) of
the AIM Rules for Companies.
Enquiries:
Woodbois Limited
Paul Dolan - Chair and CEO + 44 (0)20 7099 1940
Canaccord Genuity (Nominated Advisor and Broker)
Henry Fitzgerald-O'Connor
James Asensio
Thomas Diehl + 44 (0)20 7523 8000
Celicourt Communications (IR/PR) +44 (0)20 8434 2643
Mark Antelme woodbois@celicourt.uk
Jimmy Lea
Background on Woodbois
Woodbois Limited (AIM:WBI) is an African focused forestry
company, divided into three distinct, but highly complementary
divisions comprising the production and supply of sustainable
African hardwood products, the
trading of hardwood and hardwood products, and a reforestation and carbon credit division.
Woodbois' forestry division has production facilities in Gabon
and Mozambique, managing a total of c470,000 hectares of natural
forest concessions. The trading division comprises a highly
experienced team of timber specialists, who source and supply
sustainable timber to a global customer base. Its proprietary
technology developed in house, captures, stores and presents data,
providing a matching engine to build scale and optimise trading
opportunities with its global customer base.
The Company's carbon sequestration and trading division, which
was formed in March 2021, aims to generate voluntary carbon credits
for corporate partners through the delivery of large-scale
reforestation projects.
The Company's focus on the transparency and sustainability of
its timber operations has been recognised by The Zoological Society
of London, which ranked Woodbois joint sixth in its Sustainability
Policy Transparency Toolkit ('SPOTT") ESG policy transparency
assessments for the worldwide timber and pulp industries for
2021.
Please follow the Company on Twitter: @WoodboisLtd
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOABFLLXFBLEFBL
(END) Dow Jones Newswires
November 01, 2021 03:00 ET (07:00 GMT)
Woodbois (LSE:WBI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Woodbois (LSE:WBI)
Historical Stock Chart
From Apr 2023 to Apr 2024
