AIM Information
This page contains links to core management and financial information and has been designed to comply with the requirements of Rule 26 of the AIM Rules for Companies - 'Company information disclosure'. This website is owned by Triple Plate Junction PLC and hosted by Namesco Limited. The website was last updated on 15th August 2008. For further information, click on the links below:
COMPANY INFORMATION
Business Description
Company Directors
Director Responsibilities
Incorporation and Operation
Company Committees
Advisors
DOCUMENTATION AND ANNOUNCEMENTS
Company & Public Documents
Annual Report and Accounts
Interim Reports
Shareholder Communications
SECURITIES INFORMATION
Exchanges
Major Shareholders
Securities Restrictions
BUSINESS DESCRIPTION - TRIPLE PLATE JUNCTION
Triple Plate Junction is an aggressive gold exploration company. Its geographical focus is in South East Asia. TPJ is exploring for gold in Vietnam and Papua New Guinea, both countries that have the potential to host world class gold and copper-gold deposits.
Triple Plate Junction will use its assets to build a significant gold producer, based on continuous identification, assessment, analysis and negotiation of controlling interests in first class gold deposits and areas with exceptional exploration potential.
COMPANY DIRECTORS AND EXECUTIVES
Ian Roderick Gowrie-Smith - Non-Executive Chairman (aged 59)
Ian Gowrie-Smith has been founder and developer of mining and pharmaceutical public companies over the past 31 years. In 1984 he listed TiO2 Corporation, a company that was responsible for the largest ilmenite deposit in Western Australia and which continues to be one of the largest in the world. He is chairman of the board of Tiberon Minerals Limited, a Toronto listed public company developing the Nui Phao project in Vietnam which will make Tiberon the worlds largest primary Tungsten producer. He is chairman of Rift Oil plc, a company with oil exploration acreage in Papua New Guinea.
He was founder of SkyePharma plc, a UK domiciled drug delivery company. Prior to establishing SkyePharma, Ian Gowrie-Smith was the founder and Managing Director of Medeva plc. Both Medeva plc and SkyePharma plc have been 'FTSE 250' companies.
Geoffrey Walsh - Cheif Executive (aged 39)
Geoff Walsh holds a Masters Degree in Business Administration from Cranfield School of Management. From 1991 to 1995 he worked with Lonrho plc as part of their FSU focused projects team. During this period he worked closely with the Lonrho/Gencor Joint Venture focusing on identification, negotiation and development of CIS gold resources.
In 1995 Geoff co-founded Resource Management & Finance Company Ltd which works with junior exploration companies providing strategic advice and sourcing both projects and capital. He remains a non-executive director of that company. Commercial lenders focusing on emerging market projects have regularly retained Geoff Walsh.
Peter Trevor Wright - Finance Director (aged 38)
Peter Wright holds a Bachelor of Commerce Degree in Economics from the University of Cape Town. Prior to joining Triple Plate he acted as a consultant on audit, accountancy and corporate finance matters for a number of AIM listed companies.
William John Selwood Howell (Bill Howell) (Exploration Director) (aged 62)
Bill Howell has a BSc (Hons) degree in geology from the University of Southampton and has more than 36 years experience in all aspects of exploration management and mineral project evaluation with major international corporations and small innovative companies.
Bill Howell is a Fellow of the Australasian Institute of Mining and Metallurgy and Chartered Professional (Management). He has managed and led teams to a number of mineral discoveries, including the recent major (+5 Moz) gold discovery at Martabe, Indonesia. Bill Howell has held senior management positions with BHP (now BHP Billiton), Normandy and Newmont where he was Managing Director of South East Asia exploration from 1995 to 2003.
From 1993 to 1995 he became primarily involved in managing gold projects in Vietnam on behalf of Australian and Malaysian investors. One project led to the granting of a Foreign Investment Licence, one of a few to have been issued for gold mining projects. He continued his close association with Vietnam through management of the Normandy and Newmont exploration interests in that country.
David John Lees - Non-Executive Director (aged 59)
David is a chartered accountant, qualifying at KPMG, he has extensive
experience in the management and promotion of public companies having raised hundreds of millions of pounds as co founder with Ian Gowrie-Smith of Grifiths Bros, Medeva PLC, and SkyePharma PLC, and is, together with his role in Triple Plate Junction PLC, currently Chairman of Deal Group Media PLC, Xecutive Research Group PLC, Metis PLC, Network Estates Limited and NamesCo Limited.
James Bunyan - Non-Executive Director (aged 60)
James Bunyan holds a Masters Degree in Business Administration from Warwick University and a BSc in Bio-chemistry from Heriot Watt University. He specialises in corporate development with international business development experience across a broad range of industrial and commercial sectors worldwide. James Bunyan has proven skills in strategic business planning, mergers, acquisitions, disposals, turnarounds and fundraising.
He has particular experience in the international mining industry. James Bunyan was for five years a director of Tiberon Minerals Limited, which developed the Nui Phao deposit in Vietnam from an exploration concept to one of the largest Tungsten polymetallic deposits in the world. He is a director of Alhambra Resources Limited, Alexander Mining plc and Madison Energy Limited
DIRECTOR RESPONSIBILITIES
The directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.
The directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the CompanyÂ’s website.
REGISTERED OFFICE
Tripl Plate Junction is Registered and Incorporated in England and Wales (Company Registration No.3781581) at the following address:
5 - 8 The Sanctuary, London. SW1P 3JS, England, United Kingdom.
INCORPORATION AND OPERATION
Triple Plate Junction is an aggressive gold exploration company. Its geographical focus is in South East Asia. TPJ is exploring for gold in Vietnam and Papua New Guinea, both countries that have the potential to host world class gold and copper-gold deposits.
Triple Plate Junction will use its assets to build a significant gold producer, based on continuous identification, assessment, analysis and negotiation of controlling interests in first class gold deposits and areas with exceptional exploration potential.
COMPANY COMMITTEES
Audit Committee
The audit committee comprises of the two independent non-executive directors; Ian Gowrie-Smith and James Bunyan and assists the boards in fulfilling their oversight responsibilities in respect of the integrity of TPJ's financial statements; risk management and internal control arrangements; compliance with legal and regulatory requirements; the performance, qualifications and independence of the external auditors; and the performance of the internal audit function.
Renummeration Committee
The Remuneration Committee comprises itself of the two independent non-executive directors; Ian Gowrie-Smith and James Bunyan and concerns itself with:
- The remuneration and benefits of the Directors;
- The design and terms of share-based incentive plans;
- The remuneration policy for the Executive Team and Senior Corporate Officers.
The Remuneration Committee makes proposals to the Board in the above areas, including specific remuneration packages for each of the Executive Directors as well as for the non-Executive Directors.
The Committee is entitled to use the services of remuneration consultants at the expense of the Company.
NOMINATED ADVISOR AND KEY ADVISERS
Nominated Advisor and Broker:
Arbuthnot Securities
Arbuthnot House, 20 Ropemaker Street, London EC2Y 9AR
United Kingdom
Auditors to the Company:
Grant Thornton UK LLP
The Explorer Building, Fleming Way, Manor Royal, Crawley West Sussex RH10 9GT
United Kingdom
Solicitors to the Company:
Fasken Martineau Stringer Saul LLP
17 Hanover Square, London W1S 1HU
United Kingdom
Registrars:
Capita Registrars
Northern House, Woodsome Park, Fenay Bridge, Huddersfield, West Yorkshire HD8 0LA
United Kingdom
COMPANY DOCUMENTS
Articles of Association - Triple Plate Junction Plc
COMPANY SHAREHOLDER INFORMATION
Shares in issue - 141,278,431
Shares not in public hands - 52,992,936 (37.51%)
Total director's holdings - 42,092,936 (29.79%)
Shareholdings of over 3%:
Thornaby Limited - 19.7%
RAB Special Situations Master Fund - 7.72%
Vietnam Resource Investments (Holdings) Limited - 7.43%/strong>
Ocarina Investments Limited – 5.47%
Gartmore Investments Limited - 4.83%
Pershing Keen Nominees - 3.69%
COMPANY RESTRICTIONS
Triple Plate Junction PLC securities are currently only traded on AIM. There are currently no restrictions on the transfer of securities.
