December 7, 2017 / 5:17 AM / in 7 days

BRIEF-Pallinghurst Completes ‍Integration Of Gemfields

Dec 7 (Reuters) - Pallinghurst Resources Ltd:

* ‍INTEGRATION OF GEMFIELDS AND PALLINGHURST TEAMS HAS BEEN IMPLEMENTED, WITH HEADCOUNT AT LONDON ADMINISTRATIVE HEAD-OFFICE REDUCED BY ABOUT 15%

* ‍FURTHER STAFF RATIONALISATION WAS IMPLEMENTED AT GEMFIELDS OFFICES IN NEW YORK AND INDIA

* ‍CHANGES AND ADDITIONAL VOLUNTARY SALARY REDUCTIONS WILL REDUCE TOTAL COMPENSATION TO EXECUTIVE MANAGEMENT TEAM BY MORE THAN 50% ​​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below