Atlantic Coal PLC Statement of resignation of company secretary (2465N)
May 14 2015 - 12:00PM
UK Regulatory
TIDMATC
RNS Number : 2465N
Atlantic Coal PLC
14 May 2015
Atlantic Coal plc / Index: AIM / Epic: ATC / Sector: Mining
14 May 2015
Atlantic Coal plc ("Atlantic" or the "Company")
Resignation of company secretary
The Board of the Company (the "Board") announces that Allen
Pawlyn has resigned as Atlantic's company secretary with immediate
effect.
Mr Pawlyn's resignation follows his conviction on 13 May 2015 at
Harrow Crown Court for the offence of theft. The offence was
committed at a company unconnected to Atlantic and prior to Mr
Pawlyn's appointment as Atlantic's company secretary.
The Board is confident that the Company's financial systems and
procedures have remained robust. Mr Pawlyn has never been in a
position to solely authorise bank payments on behalf of the Company
and a review of bank payments has identified no inappropriate
payments.
The Company operates the Stockton coal mine in Pennsylvania
where it employs a separate US financial controller.
**ENDS**
For further information on the Company, visit:
www.atlanticcoal.com or contact:
Steve Best Atlantic Coal plc Tel: 0191 386 6392
Nick Naylor Allenby Capital Limited Tel: 020 3328 5656
Alex Price Allenby Capital Limited Tel: 020 3328 5656
This information is provided by RNS
The company news service from the London Stock Exchange
END
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