Source - RNS
RNS Number : 2232J
European Metals Holdings Limited
27 June 2017

For immediate release

27 June 2017



European Metals Holdings Limited ("European Metals" or "the Company") (ASX and AIM: EMH) has today appointed Richard Pavlik as an executive director of the Company with immediate effect.


Mr Pavlik is the General Manager and a director of Geomet s.r.o., the Company's wholly owned Czech subsidiary, and is a highly experienced Czech mining executive. Mr Pavlik holds a Masters Degree in Mining Engineer from the Technical University of Ostrava in Czech Republic. He is the former Chief Project Manager and Advisor to the Chief Executive Officer at OKD. OKD has been a major coal producer in the Czech Republic. He has almost 30 years of relevant industry experience in the Czech Republic. Mr Pavlik also has experience as a Project Analyst at Normandy Capital in Sydney as part of a postgraduate programme from Swinburne University. Mr Pavlik has held previous senior positions within OKD and New World Resources as Chief Engineer, and as Head of Surveying and Geology. He has also served as the Head of the Supervisory Board of NWR Karbonia, a Polish subsidiary of New World Resources (UK) Limited. He has an intimate knowledge of mining in the Czech Republic.

The following information is disclosed pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies.

Mr Richard Pavlik, aged 54, has held the following directorships and / or partnerships in the past 5 years:



Geomet s.r.o.



As announced on 17 May 2017, 400,000 unlisted options, (58 cents exercise price) expiring on 3 January 2020 were issued to Mr Pavlik as per his contract of employment. The exercise price was determined in his contract of employment as the volume weighted average price for the 5 day period prior to the commencement of his employment on 3 January 2017.  250,000 Options vested at completion of the Definitive Feasibility Study and the balance of 150,000 Options will vest 12 months thereafter. Mr Pavlik has no further interest in the share capital of the Company.

There  is  no  further  information  to  be  disclosed  in  relation  to  Mr  Pavlik  pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies.

The Company also advises that Mr Pavel Reichl has resigned today on his request to pursue other interests. 



European Metals Holdings Limited

Keith Coughlan, Chief Executive Officer



Kiran Morzaria, Non-Executive Director


Julia Beckett, Company Secretary


Tel: +61 (0) 419 996 333

Email: [email protected]


Tel: +44 (0) 20 7440 0647


Tel: +61 (0) 6141 3504

Email: [email protected]


Beaumont Cornish (Nomad & Broker)

Michael Cornish

Roland Cornish

Tel: +44 (0) 20 7628 3396

Email: [email protected]



The information contained within this announcement is considered to be inside information, for the purposes of Article 7 of EU Regulation 596/2014, prior to its release.



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