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SIMS LIMITED — Board/Management Information 2013
Mar 19, 2013
65780_rns_2013-03-19_2f9b60e7-20e4-4c35-89b5-2dae34e4d2f5.pdf
Board/Management Information
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ASX & MEDIA RELEASE
20 March 2013
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(ASX: SGM, NYSE: SMS)
EUROPEAN MANAGEMENT CHANGES
Effective immediately Graham Davy, CEO Europe and Global Sims Recycling Solutions (SRS), is no longer employed by the Company. Amongst other management changes, Hans-Otto Hagemann has been appointed acting Managing Director SRS Continental Europe and SRS UK.
Cautionary Statements Regarding Forward-Looking Information
This release may contain forward-looking statements, including statements about Sims Metal Management’s financial condition, results of operations, earnings outlook and prospects. Forwardlooking statements are typically identified by words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project” and other similar words and expressions.
These forward-looking statements involve certain risks and uncertainties. Our ability to predict results or the actual effects of our plans and strategies is subject to inherent uncertainty. Factors that may cause actual results or earnings to differ materially from these forward-looking statements include those discussed and identified in filings we make with the Australian Securities Exchange and the United States Securities and Exchange Commission (“SEC”), including the risk factors described in the Company’s Annual Report on Form 20-F, which we filed with the SEC on 12 October 2012.
Because these forward-looking statements are subject to assumptions and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release.
All subsequent written and oral forward-looking statements concerning the matters addressed in this release and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this release. Except to the extent required by applicable law or regulation, we undertake no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release.
All references to currencies, unless otherwise stated, reflect measures in Australian dollars.
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About Sims Metal Management
Sims Metal Management is the world’s largest listed metal recycler with approximately 270 facilities and 6,600 employees globally. Sims’ core businesses are metal recycling and electronics recycling. Sims Metal Management generated approximately 88% of its revenue from operations in North America, the United Kingdom, Continental Europe, New Zealand and Asia in Fiscal 2012. The Company’s ordinary shares are listed on the Australian Securities Exchange (ASX: SGM) and its ADRs are listed on the New York Stock Exchange (NYSE: SMS). Please visit our website (www.simsmm.com) for more information on the Company and recent developments.
Investor inquiries contact
Todd Scott Group Vice President – Investor Relations Tel: +61 4 0960 0352
Media inquiries contact
Daniel Strechay Group Director – Communications & Public Relations Tel: +1 212 500 7430
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