Directorate Changes

RNS Number : 0878H
Genel Energy PLC
05 June 2017
 

5 June 2017

  

Genel Energy plc

  

Directorate Changes

  

Genel Energy plc ('Genel' or 'the Company') announces that Nathaniel Rothschild and Simon Lockett have resigned from the Board. Accordingly, they will no longer stand for re-election at the Annual General Meeting of Genel Energy on 6 June 2017.

 

Simon Lockett was Chairman of the HSSE Committee and member of the Audit and Nomination Committees. Board Committee memberships are under review and updates will be made when appropriate.

 

Tony Hayward, Chairman of Genel, said:

 

"Nat contributed greatly to Genel's development as both a founder and subsequently a Non-Executive Director. Despite a challenging external environment, the Company has made significant progress during his involvement, and Genel has been instrumental in the development of the Kurdistan Region of Iraq's oil industry.

 

Simon brought with him significant experience to the Board, and made a valuable contribution in his time at Genel. We wish them both the best in their future endeavours."

 

-ends-

 

For further information please contact:

 

Genel Energy

Phil Corbett, Head of Investor Relations

Andrew Benbow, Head of Public Relations

+44 20 7659 5100

 

 

Vigo Communications

Patrick d'Ancona            

+44 20 7830 9700

 

This announcement includes inside information.

 

Notes to editors:

 

Genel Energy is an independent oil and gas exploration and production company listed on the main market of the London Stock Exchange (LSE: GENL). The Company, with headquarters in London and offices in Ankara and Erbil, is one of the largest London-listed oil producers and the largest holder of reserves and resources in the Kurdistan Region of Iraq. Through its Miran and Bina Bawi gas fields, the Company is positioned to be a cornerstone provider of KRI gas to Turkey under the KRI-Turkey Gas Sales Agreement. Genel also continues to pursue further growth opportunities within the Middle East and Africa.  For further information, please refer to www.genelenergy.com.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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