24 July 2024
Oracle Power PLC
("Oracle" or the "Company")
Appointment of Non-Executive Director
Oracle Power PLC (AIM:ORCP), an international project developer, is pleased to announce the appointment of Emma Priestley to the Board as a Non-Executive Director with immediate effect.
Ms. Priestley has over 20 years' experience in the mining and financial services sectors, during which she has overseen several corporate restructurings and mining operations in various jurisdictions including West Africa and Asia. She is currently the Chief Executive Officer of AIM-quoted GoldStone Resources Limited, a gold producer and exploration company focused on projects in Ghana, as well as holding active directorships at CrossInvest Global Management Services Ltd and Cloudbreak Discovery plc. Ms. Priestley was also on the board of Lonrho plc, until its successful takeover, focusing on opportunities in agriculture, infrastructure, logistics and natural resources.
Ms. Priestley has previously held roles at GVA Grimley and IMC Mackay & Schnellmann, investment bank CSFB, VSA Resources and Ambrian Partners. She is also a graduate of Camborne School of Mines, and a Chartered Mining Engineer and Chartered Mineral Surveyor.
Mark Steed, Non-Executive Chairman of Oracle, said: "I am delighted to welcome Emma to the board of Oracle. Her deep understanding of the mining and financial services sectors will undoubtably help us as we look to develop our portfolio, and complete existing projects."
Further information on Emma Priestley's appointment
The following details in relation to the appointment of Emma Priestley to the Board are disclosed in accordance with AIM Rule 17 and Schedule 2(g) of the AIM Rules for Companies:
Emma Kinder Priestley (aged 51) has held the following directorships and/or partnerships in the past five years.
| Current Directorships/Partnerships | Former Directorships/Partnerships (last five years) |
| Akorkerri Ashanti Mines Limited Associated African Nickel Resources Limited Camborne School of Mines Association Ltd Cloudbreak Discovery PLC CrossInvest Global Management Services Ltd Earlbourne Trading Limited GoldStone Resources Limited Mining Education Training and Learning Limited Santon Consultancy Services Limited | African Lion Agriculture (UK) Limited African Resources Capital Ltd |
Ms. Priestley has no direct or indirect interest in the Company's issued share capital.
There is no further information to be disclosed in relation to Emma Priestley's appointment pursuant to AIM Rule 17 or Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.
-ENDS-
For further information visit www.oraclepower.co.uk or contact:
| Oracle Power PLC Naheed Memon - CEO | +44 (0) 20 7236 1177 |
| Strand Hanson Limited (Nominated Adviser & Broker) Rory Murphy, Matthew Chandler, Rob Patrick | +44 (0) 20 7409 3494 |
| St Brides Partners Limited (Financial PR) Susie Geliher, Isabel de Salis | oracle@stbridespartners.co.uk |
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