Board changes

RNS Number : 8364X
San Leon Energy PLC
07 May 2021
 

 

 

 

7 May 2021

 

San Leon Energy plc

("San Leon" or the "Company")

 

Board changes

 

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, is pleased to announce that John Brown has joined the Board on 7 May 2021 as an independent Non-Executive Director.  Mr Brown has more than 20 years of international experience in oil and gas and related industries , including over nine years of experience with operations in West Africa . He is a Chartered Accountant (ICAS) and was Chief Financial Officer or Group Finance Director for numerous UK listed companies within the oil and gas sector including Gulf Marine Services plc, Bowleven plc and Pittencrieff Resources plc. Upon joining the Board, Mr Brown will chair the audit and risk committee and be a member of the nomination and remuneration committees.

 

The Company further announces that, as part of a corporate governance review previously announced and conducted in conjunction with its search for a new non-executive director, Alan Campbell, Director of Commercial & Business Development, will step down from the Board with immediate effect.  This has been facilitated as part of the Board's desire to rebalance the number of  executive directors and non-executive directors which, following Mr Brown's appointment, will now be three of each.  San Leon is committed to high standards of corporate governance and the Directors believe that this reorganisation is an important step to ensure the overall Board structure is suitable in light of the Company's requirements.

 

Mr Campbell will remain a member of the Company's executive management team and will continue in his role of leading San Leon's commercial and business operations.  He will also continue to act as Company Secretary.

 

Oisin Fanning, Chief Executive Officer, commented:

 

"We are delighted to welcome John to San Leon. His combination of oil and gas and financial experience will be invaluable to us as we continue to seek to grow San Leon's operations.

 

"I am also grateful to Alan for stepping down from his Board role at this time as part of our corporate governance restructuring.  Alan has been a key figure in the transformation and growth of the Company. He remains a core part of the team."

   

 

Enquiries:

 

San Leon Energy plc

+353 1291 6292

Oisin Fanning, Chief Executive

 

Allenby Capital Limited

(Nominated adviser and joint broker to the Company)

+44 20 3328 5656

Nick Naylor

Alex Brearley

 

 

Panmure Gordon & Co

(Joint broker to the Company)

+44 20 7886 2500

Nick Lovering

 

Brandon Hill Capital Limited

(Joint broker to the Company)

+44 20 3463 5000

Oliver Stansfield

Jonathan Evans

 

Tavistock

(Financial Public Relations)

+44 20 7920 3150

Nick Elwes

Simon Hudson

 

Plunkett Public Relations

+353 1 230 3781

Sharon Plunkett

 

 

 

 

AIM Disclosures:

 

In accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies, John Davies Brown, aged 56, is, or has been during the last five years, a director or partner of the following companies/partnerships:

 

Current directorships/partnerships

Directorships/partnerships held within the last five years

None

Gulf Marine Services (UK) Ltd

GMS Jersey HoldCo 1 Limited

GMS Jersey HoldCo 2 Limited

MENA Marine Limited

Gulf Marine Services LLC

Gulf Marine Middle East FZE

GMS Global Commercial Investment LLC

Gulf Marine Services WLL

Offshore Holding Investment SA

Offshore Logistics Investment SA

Offshore Accommodation Investment SA

Offshore Jack-up Investment SA

Offshore Craft Investment SA

Offshore Structure Investment SA

Offshore Maritime Investment SA

Offshore Tugboat Investment SA

Offshore Boat Investment SA

Offshore Kudeta Investment SA

Offshore Endurance Investment SA

GMS Enterprise Investments SA

GMS Scirocco Investments SA

GMS Shamal Investments SA

GMS Sharqi Investments SA

GMS Keloa Investment SA

GMS Evolution Investment SA

GMS Pepper Investment SA

John Brown does not currently hold any ordinary shares in the Company.

 

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