The Scheme is endorsed and supported by the Board of Orocobre, subject to no proposal for Orocobre emerging.As part of the proposed Scheme, Martin Rowley would become Non-Executive Chairman, Robert Hubbard would become Deputy Chairman, and Martín Pérez de Solay would remain CEO and Managing Director of the group, with a highly experienced and complementary Board and management team drawn from the combined group.
GXY Price at posting:
$3.61 Sentiment: None Disclosure: Held