Directorate Change

RNS Number : 9407Y

Good Energy Group PLC

31 January 2014

 



31 January 2014

Good Energy Group PLC

("Good Energy" or the "Company")

Directorate Change

Good Energy is pleased to announce the appointment of Denise Cockrem as Chief Financial Officer of the Company with effect from 1 May 2014. 

Denise is currently UK & Western Europe Finance Director of RSA Insurance Group, a multinational insurance group.  Prior to joining RSA Insurance Group in 2006, Denise was the Finance Director of Direct Line's Retail Division.  Denise qualified as a chartered accountant with Neville Russell and graduated in Law from Oxford University.

In addition to Denise's appointment, the Board is pleased to announce that Matthew Allen has been appointed as the new Director of Sales & Business Development for Good Energy (non-Board) with effect from 27 February 2014.    Matthew joins the Company from Bloomberg New Energy Finance where he was employed as Global Commercial Head. 

Juliet Davenport OBE, Chief Executive of the Group, said:

"These two roles are critical at this time of Good Energy's growth and will help us deliver the next phase of our strategy.  I am delighted that both Denise and Matthew are joining Good Energy; they will each bring substantial experience and leadership to our business."

In accordance with Schedule Two (g) of the AIM Rules the following information in relation to the appointment of Denise Cockrem is disclosed:

Denise Patricia Cockrem (nee Lear), aged 51, holds or has held directorships/partnerships in the five years preceding her appointment at the Company as follows:

Current Directorships:

Macintyre Care

Previous Directorships:

Acrecrest Limited

Alliance Assurance Company Limited

British and Foreign Marine Insurance Company Limited

Century Insurance Company Limited

Knapton Insurance Limited

Liverpool Marine and General Insurance Company Limited

London Assurance (The)

London Guarantee & Reinsurance Company Limited

National Vulcan Engineering Insurance Group Limited

Non-Destructive Testers Limited

Northern Maritime Insurance Company Limited (The)

Royal & Sun Alliance Benelux Holdings N.V.

Royal & Sun Alliance Insurance (Global) Limited

Royal & Sun Alliance Insurance plc

Royal & Sun Alliance Reinsurance Limited

Royal Insurance (U.K.) Limited

Royal International Insurance Holdings Limited

Roysun Limited

Sun Alliance and London Insurance plc

Sun Alliance Finance B.V.

Sun Alliance Insurance International Limited

Sun Alliance Insurance Overseas Limited

Sun Alliance Insurance UK Limited

Sun Insurance Office Limited

The Globe Insurance Company Limited

The Marine Insurance Company Limited

The Sea Insurance Company Limited

Union Marine and General Insurance Company Limited (The)

Royal Insurance Holdings plc

B. E. Inspection Limited

PI Brokernet Limited

Royal & Sun Alliance Insurance Finance Limited

Royal & Sun Alliance Property Services Limited

Royal Insurance Operational Services (U.K.) Limited

RSA CRS (US) Limited

RSA E-Holdings Limited

RSA Engineering Limited

RSA Overseas Holdings (UK) Limited

Sun Alliance Fund Management Limited

Sun Alliance Management Services Limited

Sun Alliance Mortgage Company Limited

Swinchan Holdings Limited

The Westminster Fire Office Limited

Westgate Properties Limited

RSA Finance

RSA Finance (Isle of Man) Limited

Codan Finance Limited

RSA Manx Holdings Limited

Octopus (London) Limited

Liability Insurance Solutions Limited

Road Runner Motor Trade Limited

Motor Trade Solutions Limited

RSA Actuarial Services Limited

Coverselect Limited

Tariff Reinsurances Limited

Fortress Insurance Company Limited

National Transit Insurance Company Limited (The)

Elders Insurance Company, Limited

Pennine Insurance Company Limited (The)

Other than the information provided above, there is no further information to be disclosed under Schedule Two (g) of the AIM Rules.

Ends

Enquiries:

Good Energy Group plc Juliet Davenport, Chief Executive Garry Peagam, Group Finance Director	Tel. [phone]
N+1 Singer (Nominated Adviser and Broker) Andrew Craig / Ben Wright	Tel: [phone]

Notes to editors

·     Good Energy is a licensed electricity supplier. It ensures that all of its customers' demand is 100% matched with electricity from renewable sources over the course of 12 months, backed by Renewable Energy Guarantee of Origin certificates (REGOs). To compare the fuel mix of other suppliers please visit: www.electricityinfo.org/suppliers.php

·     Good Energy Group plc is listed on the AIM market of the London Stock Exchange. For more information please visit: www.goodenergygroup.co.uk

·     Good Energy's first corporate bond, which it promoted to its customer base, reached the £15 million maximum subscription on 24th October 2013, three weeks ahead of schedule www.goodenergy.co.uk/bond

·     Good Energy has more than 35,000 renewable electricity customers. In 2008, Good Energy added a gas product to its range. It now has over 12,000 gas customers.

·     Good Energy works with a community of more than 55,000 small and medium scale renewable electricity generators.

·     Good Energy is the owner of Delabole Wind Farm, the UK's first commercial wind farm. It has targeted the development of 110MW of capacity of new renewable electricity generation assets by 2016.

·     Good Energy is a founder member of the Social Stock Exchange.

·     Good Energy came top in the 2014 Which? Customer Satisfaction Survey for energy suppliers and has won first place in four of the last five years. It also won Company of the Year in the British Renewable Energy Awards 2013, and was named 'best green electricity supplier 2013' by the UK's leading ethical and environmental magazine, Ethical Consumer.

 

END

 

 

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