Appointment of New CEO


 

TIDMPDF 
 
RNS Number : 1179B 
Pangea DiamondFields PLC 
21 October 2009 
 

 
 
 
 
Pangea DiamondFields plc 
("PDF" or "the Company") 
 
 
Management Change 
 
 
Pangea DiamondFields plc (AIM: PDF), the mid-tier diamond producer and 
exploration company provides the following information on a change in 
management. 
 
 
Effective 1 November 2009 Brett Thompson will step down as Chief Executive 
Officer of PDF due to his long held desire to relocate with his family, back to 
Australia. Effective from this date, Boris Richard Kamstra, currently PDF's 
Operations Manager for its DRC and South African projects, will assume the role 
of Chief Executive Officer. 
 
 
Boris (age 46) is a Civil Engineer with extensive operational, project 
management and management experience. Amongst the projects Boris has 
successfully completed are the construction of a number of mines, dams and roads 
involving large earthmoving operations throughout Africa. After qualifying as an 
engineer in 1989 he commenced his career at Grinaker Concrete Construction, 
becoming a director of that company in 1999. During his tenure there he was 
responsible for five industry awards for excellence in projects carried out by 
Grinaker. After leaving Grinaker in 1999 he completed an MBA at 
WITS Business School in Johannesburg. He has undertaken projects for the 
Landbank of South Africa as well as a number of private companies, primarily in 
the role of Managing Director or CEO, tasked with returning companies to 
profitability or assisting with the establishment of new ventures. 
 
 
Boris joined PDF in May 2006 as Engineering Manager and oversaw the design, 
manufacture and construction of PDF's bulk sampling plants in the CAR, DRC, 
Angola and South Africa. He was instrumental in pioneering a new supply route 
from South Africa through Namibia and Angola to establish and service the DRC 
operations. Boris assumed the role of Operations Manager with responsibility for 
the South African and DRC projects as these projects evolved beyond the pure 
exploration phase. 
 
 
Brett Thompson will remain involved on a full time basis in a consulting role 
until the end of December 2009 to facilitate a smooth transition of 
responsibility and thereafter will continue his involvement with PDF as a 
non-executive director. The full Board is understanding and fully supportive of 
Mr. Thompson's personal decision to relocate back to Australia and thanks him 
for his contribution to PDF over the past four years. The Board reiterates its 
complete faith in both Boris's ability and commitment to take PDF forward 
towards its objectives into 2010 and beyond. 
 
 
Details of companies and partnerships of which Mr Kamstra has been a director or 
partner in the last five years are set out below: 
 
 
+----------------------------------------------+-----------------------------------+ 
| Current Directorships and Partnerships       | Past Directorships and            | 
|                                              | Partnerships                      | 
|                                              |                                   | 
+----------------------------------------------+-----------------------------------+ 
| Zepsen Consulting CC                         | Raintree Solutions (PTY) Ltd      | 
| Optimised Portfolios (PTY) Ltd               | Spinnaker Capital CC              | 
| The Bayside Riviera Development Company      |                                   | 
| (PTY) Ltd                                    |                                   | 
|                                              |                                   | 
+----------------------------------------------+-----------------------------------+ 
 
 
There is no further information to disclose in relation to the appointment of Mr 
Kamstra pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies. 
 
 
 
 
 
 
Further information: 
 
 
+-----------------------------+--------------------------+---------------------------+ 
| Pangea DiamondFields plc    | Ambrian Partners Limited | Walbrook PR Ltd           | 
|                             |                          |                           | 
+-----------------------------+--------------------------+---------------------------+ 
| Rob Still                   | Richard Brown / Richard  | Louise Goodeve / Leah     | 
|                             | Greenfield               | Kramer                    | 
+-----------------------------+--------------------------+---------------------------+ 
| T: +27 11 438 4100          | T: +44 (0) 20 7634 4700  | T: +44 (0) 20 7933 8780   | 
|                             |                          |                           | 
+-----------------------------+--------------------------+---------------------------+ 
 
 
Notes to Editors: 
 
 
About Pangea Diamondfields PLC 
 
 
Pangea DiamondFields plc (AIM: PDF) is an emerging diamond producer and 
exploration company with a portfolio of seven projects each with multiple 
resource targets, located in the Central African Republic, Democratic Republic 
of the Congo, South Africa and Angola. The Company aims to minimise risk by 
diversifying its projects geographically. 
 
 
PDF listed on AIM in October 2006 and is led by a strong management team, with a 
track record for creating shareholder value in mineral exploration. 
 
 For more information on PDF, please visit: 
http://www.pangeadiamondfields.com/ 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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