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SYDNEY - South32 (OTC:SOUHY) Limited (ASX:JSE:LSE: S32; ADR: SOUHY), a global mining and metals company incorporated in Australia, announced the appointment of Stephen Thomas Pearce as a director, effective from February 1, 2025. According to the Initial Director’s Interest Notice filed with the ASX, Mr. Pearce currently holds no securities in the company.
The notice, compliant with listing rule 3.19A.1 and section 205G of the Corporations Act, indicates that there are no relevant interests in securities of which Pearce is the registered holder, nor does he have any interests in contracts related to the company that need to be disclosed.
This appointment comes as part of South32’s ongoing board development and governance process. The company has not provided further details on Pearce’s specific responsibilities or the strategic direction following his appointment.
South32, listed on the Australian, Johannesburg, and London stock exchanges, has a diversified portfolio of high-quality mining operations and projects across multiple countries. The company’s strategic focus is on base metals, with operations that include alumina, aluminum, coal, manganese, nickel, silver, lead, and zinc mining.
The disclosure of director appointments is a regulatory requirement meant to ensure transparency for shareholders and the market. The Initial Director’s Interest Notice serves as an official record of a director’s holdings and interests within the company, which is essential for maintaining fair and informed trading.
The market will be observing the impact of Pearce’s appointment on South32’s governance and strategic initiatives. The company’s share performance and operational updates will continue to be watched closely by investors and industry analysts.
The information regarding Stephen Pearce’s appointment is based on a press release statement issued by South32 Limited.
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