Altus Strategies Plc, the Africa focused project and royalty generator, announces the appointment of Mr Karim Nasr as a non-executive director of the Company effective immediately. Karim is the Chief Executive Officer of La Mancha Group and the appointment is in accordance with the terms of the Strategic Investment Agreement (“SIA”) between La Mancha Holding S.à r.l. (“La Mancha”) and the Company. La Mancha is the holding company of a group of companies known as the La Mancha Group. The SIA closed and a concurrent 5 to 1 consolidation in the Company’s share capital occurred on 21 February 2020, following approval of the Company’s shareholders received at the General Meeting held on 18 February 2020.
