Piedmont Lithium Adds Governance and Operational Experience to Board Following U.S. Incorporation
on June 02 2021 8:30 PM
NEW YORK (BUSINESS WIRE) Piedmont Lithium Inc., (“Piedmont” or the “Company”) (NASDAQ: PLL; ASX: PLL), a clean energy company focused on the integrated production of lithium hydroxide to support the U.S. electric vehicle supply chain, today announced the election of two new Non-Executive Directors to its Board, Mr. Claude Demby and Ms. Susan Jones, along with the retirements of long-serving Directors Anastasios Arima and Levi Mochkin. “We are extremely fortunate to have individuals with the leadership and operating experience of Claude and Susan join our Board. Their relevant executive and governance backgrounds will play a key role in helping guide our organization as the demand for electric vehicles and lithium hydroxide rapidly increases in the United States and around the world,” said Piedmont Board Chairman, Jeff Armstrong.
Piedmont Lithium Inc., ("Piedmont" or the "Company") (NASDAQ: PLL; ASX: PLL), a clean energy company focused on the integrated production of lithium hydroxide to support the U.S. electric vehicle supply
FINANCIAL AND PERFORMANCE HIGHLIGHTS OBJECTIVE To provide Shareholders with long-term returns through capital and income growth by investing predominantly in a portfolio of UK listed companies. POLICY Phoenix Asset Management Partners Limited (Phoenix) was appointed Investment Manager on 28 January 2016. Phoenix currently seeks to achieve the Objective by investing, primarily, in a portfolio of UK listed equities. The portfolio will remain relatively concentrated. The exact number of individual holdings will vary over time but typically the portfolio will consist of 15 to 20 holdings. The Investment Policy of the Company can be found below. BENCHMARK DIVIDEND The Board proposes to pay a final dividend of 0.55p per Ordinary Share (2019: 4.5p) to be paid on 2 July 2021 to Shareholders who appear on the register as at 11 June 2021, with an ex-dividend date of 10 June 2021. During the year the Company s revenue
Description To retain Datuk Ooi Teik Huat who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company and to hold office until the conclusion of next AGM.
Shareholder s Action