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DJ Clean Invest Africa Plc Filippo Fantechi becomes CEO and other Board Changes

 
TIDMCIA 
 
7 January 2020 
 
                            CLEAN INVEST AFRICA PLC 
                           ("CIA" or the "Company") 
 
             Filippo Fantechi becomes CEO and other Board Changes 
 
The Company wishes to inform the market that Filippo Fantechi has been 
confirmed as the Chief Executive Officer of the Company. The change reflects 
Filippo's founding position of the CoalTech Group and his ability and 
experience in the energy, utility and construction sectors. 
 
Shaikh Mohamed Abdulla Khalifa AlKhalifa ("Shaikh Mohamed AlKhalifa") will join 
the board of directors with immediate effect as the Non-Executive Chairman of 
the Company. Shaikh Mohamed AlKhalifa is based in the Kingdom of Bahrain and a 
Member of the Bahraini Royal Family. Shaikh Mohamed AlKhalifa is responsible 
for investment opportunities and has an extensive network of contacts which 
support the development of the CoalTech Group business, including professional 
firms and investment bankers. 
 
Shaikh Mohamed AlKhalifa holds 332,619,294 ordinary shares in the Company 
representing 29.23 per cent. of the current issued share capital. 
 
The Company also notes that Samuel Toby Preece has resigned with immediate 
effect to concentrate on other business interests. The Company wishes to thank 
Samuel for his input from, and leading up to admission, to the NEX Exchange 
Growth Market in November 2017. Samuel will receive GBP15,000 in ordinary shares 
of the Company at a deemed price of 1p per share, in lieu of certain 
outstanding fees owing to him. 
 
The Directors of the Company accept responsibility for the content of this 
announcement. 
 
ENQUIRIES: 
 
Company 
 
Clean Invest Africa PLC 
Filippo Fantechi - Chief Executive Officer 
Telephone: +973 3 9696273 
 
Noel Lyons - Executive Director 
Telephone: +44 7912 514 809 
 
Corporate Adviser 
 
Peterhouse Capital Limited 
Guy Miller 
Telephone: 020 7220 9795 
 
Save as set out below, there is no further information regarding Shaikh Mohamed 
Abdulla Khalifa AlKhalifa that is required to be disclosed pursuant to Appendix 
1, Table A, paragraph 5.1.2 of the NEX Exchange Growth Market - Rules for 
Issuers. 
 
Shaikh Mohamed Abdulla Khalifa AlKhalifa 
 
Current Directorships and           Directorships and Partnerships in the 
Partnerships                        previous 3 years 
 
UBM AEM (formerly Arabian           Coal Tech LLC 
Exhibition Management W.L.L.) 
 
Bahrain Energy Services W.L.L. 
 
Coal Agglomeration South Africa 
(Pty) Ltd 
 
CoalTech Limited 
 
FMX Technologies W.L.L. 
 
Medcon United International 
Services W.L.L. 
 
NCR (Bahrain) W.L.L. 
iCAP Middle East W.L.L. 
 
 
 
END 
 

(END) Dow Jones Newswires

January 07, 2020 02:00 ET (07:00 GMT)