Board Appointment

RNS Number : 9342J
Prospex Energy PLC
27 August 2021
 

Prospex Energy PLC / Index: AIM / Epic: PXEN / Sector: Oil and Gas

27 August 2021

Prospex Energy PLC ('Prospex' or the 'Company')

 

Board Appointment

 

Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, is pleased to announce that, further to its 9 August 2021 RNS, Alasdair Buchanan has been appointed as an independent Non-Executive Director of the Company with immediate effect.

 

Alasdair is a highly experienced upstream oil and gas professional with considerable experience at senior executive and board director level with multi-national global service companies. For further details on Alasdair's background and experience, please refer to the Company's announcement of 9 August 2021.

 

Bill Smith, Chairman of Prospex commented: "The technical and operational expertise Alasdair brings to the Board will prove invaluable as we look to monetise our asset base and generate shareholder value.  With the Selva gas field in Italy due to come online in 2022, a work programme in place to increase electricity generation at the El Romeral power plant in Spain, and the ongoing evaluation of new ventures, Alasdair's skillset and experience will be put to good use in the period ahead ."

 

Further information on Mr Alasdair Buchanan's appointment

The following details in relation to the appointment of Mr Buchanan are disclosed in accordance with AIM Rule 17 and Schedule 2(g) of the AIM Rules:

 

Mr  Alasdair Ian Buchanan (aged 60) has held the following directorships and/or partnerships in the past five years.

 

Current Directorships

Past Directorships (last five years)

Mansefield Ventures Limited

Senergy Holdings Limited

 

Senergy Oil & Gas Limited

 

Senergy Resources Limited

 

Senergy Limited

 

Senergy Wells Limited

 

Senergy (GB) Limited

 

Senergy Lea Limited

 

Senergy Alternative Energy Limited

 

Senergy Development Solutions Limited

 

Senergy Survey & Geoengineering Limited

 

Senergy France Limited

 

Senergy Econnect Limited

 

Senergy Group Limited

 

Senergy Trustees Limited

 

LR Senergy Limited

 

Interactive Petrophysics Ltd.

 

Leading Edge Advantage International Limited

 

Leading Edge Advantage (Sustainment) Limited

 

Lloyd's Register Aligned Services Limited

 

Floyd and Associates Holdings Limited

 

Floyd and Associates Limited

 

ISIS Energy Limited

 

Ternan Limited

 

Warrego Energy UK Limited

 

There is no further information to be disclosed in relation to Mr Buchanan's appointment pursuant to AIM Rule 17 or Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

 

 

* * ENDS * *

 

 

For further information visit www.prospex.energy or contact the following:

 

 

Mark Routh

Prospex Energy PLC

Tel: +44 (0) 20 7236 1177

Rory Murphy
Ritchie Balmer

 

Strand Hanson Limited

 

Tel: +44 (0) 20 7409 3494
 

Colin Rowbury
Jon Belliss

Novum Securities Limited

Tel: +44 (0) 20 7399 9427

Duncan Vasey

Peterhouse Capital Limited

Tel: +44 (0) 20 7220 9797

Frank Buhagiar
 

St Brides Partners Ltd

 

Tel: +44 (0) 20 7236 1177

 

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