Management Change

RNS Number : 9448M

Clean Energy Brazil PLC

06 February 2009

 



6 February 2009

Clean Energy Brazil PLC

('CEB' or the 'Company')

Management change

Clean Energy Brazil PLC, an investment company focused on Brazil's sugar cane/ethanol industry, announces the resignation of Gilberto Mascioli, the Company's Chief Operating Officer, with effect from 5 February 2009. The resignation has arisen in the wake of the funding restrictions which have resulted in the delay in the development of CEB's investments and greenfield projects.  CEB would like to thank Mr Mascioli for his contribution to the early stages of the Company's development.

Further enquiries:

Clean Energy Brazil plc Marcelo Junqueira (Chief Executive Officer)	Tel: [phone]
Smith & Williamson Corporate Finance Limited (Nominated Adviser) Azhic Basirov David Jones	Tel: [phone]
Numis Securities Limited (Broker) Charles Farquhar Lee Aston	Tel: [phone]
Fishburn Hedges (Financial PR Adviser) Andy Berry Michelle James	Tel: [phone] [e-mail] [phone] [phone]

 

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