Appointment of NEDs

RNS Number : 0701S

Indus Gas Limited

07 March 2023

 

Indus Gas Limited

("Indus" or the "Company")

Board Augmentation

Indus Gas Limited (AIM:INDI), an oil and gas exploration and development company with assets in India, is pleased to announce the appointment of Mr Nicholas Saul and Mrs Elizabeth Powell as Independent Non-Executive Directors of the Company, with immediate effect.

Liz's background is primarily in Human Resources through her work with a major Guernsey based independent fiduciary. She has a CIPD qualification in HR and has become skilled in international payroll matters. In recent years, in addition to her personnel skills, she has taken on directorships in companies employing staff in the Oil & Gas sector as well as companies owning assets for international oil companies.

Nick started his career as a Merchant Navy Officer with Texaco in 1980 and has been working in the Oil & Gas industry since. Today, he owns a successful Guernsey business that manages the employment of thousands working in the hydrocarbons industry as well over 10,000 mariners. Nick has a BSc in Maritime Commerce, is an Associate Fellow of the Nautical Institute and a Chartered Member of The Chartered Institute of Logistics and Transport.

Jonathan Keeling, Executive Chairman of Indus, commented:

"It is a pleasure to welcome Liz and Nick to the Board and we look forward to benefitting from their experience and insights. Having their experience on the Board further strengthens the team, as we continue to progress the Company's growth."

AIM Rules for Companies, Schedule 2(g) Disclosures

The following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies.

Mrs Elizabeth ("Liz") Anne Powell (aged 43)

Current Directorships	Past Directorships (in the last five years)
Argali Investments Limited	Actio Limited
Azur Limited	Anvil Marine Limited
Bachmann Port Services Limited	Athena Yacht Holdings Limited
Bachmann Recruitment (Guernsey) Limited	Atherstone Limited
Bachmann Recruitment Limited	Boone Limited
Bachmann Training Limited	Coniston Marine Limited
BachmannHR Group Limited	DeVic T Corp Limited
BachmannHR Marine Limited	Falcon Marine Services Limited
Blanchard Limited	Fiorella Ltd
Blue Star Yachting Limited	Gina Limited
Cemex Marine (Guernsey) PCC Limited	Live Sailing Company Limited
DFDS (Guernsey) Limited	Reesle Marine Limited
EC Maritime Limited	Ronin Limited
Freight Management Limited	Vastina Limited
Greenwich Marine Limited	ZYR Limited
Guernsey Athletics Club LBG
Guernsey Yacht Crew Services PCC Limited
Holyhead Towing Company (Guernsey) Limited
Idle Limited
Isles Of Scilly Shipping Company (Guernsey) Limited
Jama International Investment Company (Guernsey) Limited
Jessy Limited
LSYM Limited
Magna Fugam Limited
Mareel (Guernsey) Limited
Marine Assets Limited
Marlin Marine Limited
Njord Crewing (Guernsey) PCC Limited
Pharos Offshore (Guernsey) Limited
Pinnace Marine Limited
PSIL (Guernsey) PCC Limited
SB Holdings Limited
Seaway Manning Services (Guernsey) Limited
SPC Investments Limited
Spring Rain Limited
Thalyssa Limited
The Guernsey Association of Maritime Organisations LBG
The Honourable Company of Adventurers Limited
Transport & Offshore Services (Guernsey) PCC Limited
Vessel Manning Services Limited
Vista Marine Limited
Warrington Holding Company Limited
Warrington Limited
Westward Sailing Limited
Yacht Management Company Limited
YachtCrew PCC Limited
Yachting Payroll Solutions PCC Limited
Zalanka Limited
Zulu Limited

Mr Nicholas ("Nick") David Saul (aged 61)

Current Directorships	Past Directorships (in the last five years)
Actio Limited	Abcee Limited
Argali Investments Limited	Anvil Marine Limited
Azur Limited	Athena Yacht Holdings Limited
Bachmann Corporate Services Limited	Atherstone Limited
Bachmann Marine Services (2013) Ltd	Boone Limited
Bachmann Port Services Limited	Coniston Marine Limited
Bachmann Recruitment (Guernsey) Limited	DeVic T Corp Limited
Bachmann Recruitment Limited	Falcon Marine Services Limited
Bachmann Secretarial Services Limited	Fiorella Ltd
Bachmann Training Limited	GINA Limited
BachmannHR Group Limited	Live Sailing Company Limited
BachmannHR Marine Limited	Reesle Marine Limited
Bay Limited	Ronin Limited
Blanchard Limited	The Lomond Marine L.P.
Blue Star Yachting Limited	Zentura Limited
Cemex Marine (Guernsey) PCC Limited	ZYR Limited
Crossbank Ltd
DFDS (Guernsey) Limited
EC Maritime Limited
Freight Management Limited
Gialinde Marine Limited
Greenwich Marine Limited
Guernsey Yacht Crew Services PCC Limited
Holyhead Towing Company (Guernsey) Limited
Idle Limited
Isles Of Scilly Shipping Company (Guernsey) Limited
Jama International Investment Company (Guernsey) Limited
Jessy Limited
LSYM Limited
Magna Fugam Limited
Mareel (Guernsey) Limited
Marine Assets Ltd
Marlin Marine Limited
Njord Crewing (Guernsey) PCC Limited
Noble Offshore Crew Management (Guernsey) Limited
Personnel Services International Limited
Pharos Offshore (Guernsey) Limited
Pinnace Marine Limited
PSIL (Guernsey) PCC Ltd
SB Holdings Limited
Seaway Manning Services (Guernsey) Limited
Sonair Limited
SPC Investments Limited
Spring Rain Limited
Thalyssa Limited
The Guernsey Association of Maritime Organisations LBG
The Honourable Company of Adventurers Limited
Transport & Offshore Services (Guernsey) PCC Limited
Valimar Limited
Vastina Limited
Vessel Manning Services Limited
Vista Marine Limited
Warrington Holding Company Limited
Warrington Limited
Westward Sailing Limited
Yacht Management Company Limited
YachtCrew PCC Limited
Yachting Payroll Solutions PCC Limited
Zalanka Limited
Zulu Limited

Mr Saul was a director of Gardenworks (Burnley) Ltd when it was dissolved in August 2010 following a creditors voluntary liquidation that commenced in March 2009 and with an estimated shortfall to creditors of approximately £240,000.

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.

For further information please contact:

Indus Gas Limited
Jonathan Keeling	[phone]
Strand Hanson Limited (Nominated and Financial Adviser)
Ritchie Balmer, Rory Murphy	[phone]
Arden Partners plc (Broker)
Equity Sales: James Reed-Daunter	[phone]

 

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