Directorate Change
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The board of directors ("Board" or "Directors") of Panther Metals plc (LSE: PALM) is pleased to announce the appointments of Katherine O'Reilly and Tracy Weslosky as non-executive directors of the Company. These appointments follow the resignation of Mitchell Smith, the Chief Operations Officer of the Company and Kate Asling, a non-executive director of the Company. The resignations took effect on 31 October 2023 and the subsequent appointments of Katherine O'Reilly and Tracy Weslosky take effect today, 1 November 2023.
Darren Hazelwood, Chief Executive Officer, commented:
"To deepen the strength on the Board I am pleased to announce the appointment of Katherine (Katie) O'Reilly and Tracy Weslosky.
Katie is a United Kingdom based qualified accountant and highly experienced Corporate Finance professional with a strong background in business strategy, finance and control across multiple sectors in both public and private companies.
Tracy has similarly enjoyed a successful career in capital markets and has extensive experience in equity fundraising and investor relations in Canada. Based in Toronto, Tracy co-founded Critical Minerals Institute (CMI) which is dedicated to the use of critical minerals in a decarbonised economy.
We look forward to having their expertise on the Board.
I offer my heartfelt thanks to Kate and Mitchell for their support, guidance and integrity in building Panther into the successful company we are today, and we wish them continued success in their other endeavours".
In accordance with Listing Rule 9.6.13(1):
| Director | Current directorships | Former directorships in the last 5 years |
| Katherine O'Reilly | Project Rio Topco Limited; Project Rio Midco 1 Limited; Project Rio Midco 2 Limited; Project Rio Bidco Limited; Jungle Creations Limited; Future Food Brands Limited; Project Rio EBT Trustee Limited; Mining Analyst Consulting Limited; O'Reilly Capital Holdings; Treasure Island Resources Limited; and 21/21A Thirsk road Management Company Limited | N/A |
| Tracy Weslosky | N/A | dynaCERT Inc. |
In relation to the appointment of Katherine O'Reilly and Tracy Weslosky, there is no additional information required to be disclosed in accordance with Listing Rules 9.6.13 (2) - (6).
In addition to the appointments, the Company today announces that Katherine O'Reilly and Tracy Weslosky have been granted the following Options:
| Name | Number of New Options Granted | Exercise Price per Ordinary Share (pence) | Total Options Held Following This Grant |
|---|---|---|---|
| Katherine O'Reilly | 600,000 | 6 | 600,000 |
| Tracy Weslosky | 600,000 | 6 | 600,000 |
Following these Options, the Company has granted options over an aggregate of 7,500,000 ordinary shares.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Katherine O'Reilly | |
| 2 | Reason for the notification | ||
| a) | Position/status | Non-Executive Director | |
| b) | Initial notification/Amendment | Initial notification | |
| a) | Name | Panther Metals plc | |
| b) | LEI | 213800FE9904CN3DJU27 | |
| a) | Description of the financial instrument, type of instrument Identification code | Share Options ISIN of ordinary shares: IM00BKDM2T52 | |
| b) | Nature of transaction: | Share options grant | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 6 pence | 600,000 share options | ||
| Aggregated information - Aggregated volume - Exercise Price | 600,000 6 pence | ||
| d) | Date of the transaction | 1 November 2023 | |
| e) | Place of the transaction | Outside of a trading venue | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Tracy Weslosky | |
| 2 | Reason for the notification | ||
| a) | Position/status | Non-Executive Director | |
| b) | Initial notification/Amendment | Initial notification | |
| a) | Name | Panther Metals plc | |
| b) | LEI | 213800FE9904CN3DJU27 | |
| a) | Description of the financial instrument, type of instrument Identification code | Share Options ISIN of ordinary shares: IM00BKDM2T52 | |
| b) | Nature of transaction: | Share options grant | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 6 pence | 600,000 share options | ||
| Aggregated information - Aggregated volume - Exercise Price | 600,000 6 pence | ||
| d) | Date of the transaction | 1 November 2023 | |
| e) | Place of the transaction | Outside of a trading venue |
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Conclusion
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