Yellow Cake appoints Emily Manning to its Board as Independent Director

– JERSEY, St Helier –  Yellow Cake Plc (LON: YCA), a specialist company operating in the uranium sector, to hold physical uranium for the long term, today confirmed the appointment of Emily Manning to its Board as an independent non-executive director with effect from 31 March 2021.

Her appointment follows the resignation of Alexandra Nethercott-Parkes as an independent non-executive director with effect from 31 March 2021. The Board would like to take this opportunity to express its sincere gratitude to Alexandra for her significant contribution to Yellow Cake.

About Emily Manning

Emily Manning acts as a Client Director of Langham Hall Fund Management (Jersey) Limited, which provides administrative services to the Company.

Emily Manning has over 12 years of experience in the Jersey finance industry, with a background in real estate, funds, corporate and private clients. She currently holds directorships with several real estate and private equity-based boards with a focus on commercial retail, private and residential development, and European industrial logistics. She has also previously held directorships for several listed and regulated funds and real estate companies, including board positions with some of London’s largest real estate developments, and oversaw capital markets transactions as part of a portfolio worth over US$13bn AUM.

Emily Manning brings to the board comprehensive knowledge of the running and regulations of Jersey structures with a strong understanding of internal governance and company secretarial experience.

Emily Manning has been a Principal Person with the Jersey Financial Services Commission since 2018 and holds her ICSA Diploma table 4 qualification.

About Yellow Cake

Yellow Cake is a London-listed company founded and established by Bacchus Capital and headquartered in Jersey, which offers exposure to the uranium spot price. This is achieved through its strategy of buying and holding physical triuranium octoxide. It may also seek to add value through the acquisition of uranium royalties and streams or other uranium-related activities. Yellow Cake seeks to generate returns for shareholders through the appreciation of the value of its holding of U3O8 and its other uranium-related activities in a rising uranium price environment. The business is differentiated from its peers by its ten-year Framework Agreement for the supply of U3O8 with Kazatomprom, the world’s largest uranium producer. Yellow Cake currently holds 9.86 million lb of U3O8, all of which is held in storage in Canada and France.

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