SAE announces new CFO

RNS Number : 2674J
SIMEC Atlantis Energy Limited
25 April 2022
 

 

 

 

RNS

25 April 2022

SIMEC ATLANTIS ENERGY LIMITED
("SAE", the "Company" and, together with its subsidiaries, the "Group")

 

SAE announces new CFO to drive forward the delivery of its projects

 

SAE is pleased to announce that Mr Simon Hirst has been appointed as an Executive Director of the Company and will serve as the Group Chief Financial Officer.

 

Mr Hirst has worked at SAE since 2015 and has primarily been responsible for all financial and commercial aspects of the MeyGen project. Before joining SAE, Mr Hirst gained international blue-chip corporate experience at a number of organisations including ExxonMobil, Pepsi Cola, Iron Mountain and international power generation company InterGen. Mr Andrew Charters has resigned his position on the Board and has stepped down as CFO. He will remain with the Group during a transition period. These changes are with immediate effect.

 

SAE Chairman, Duncan Black commented:

 

"We are delighted to welcome Simon to the Board.  Simon brings a wealth of experience and knowledge of the Group and our projects as well as a wealth of very relevant external experience. This appointment follows his success in helping MeyGen to secure the recently announced additional funding from Scottish Enterprise and recognises the huge contribution he has made to the Group to date. I would also like to thank Andrew for

his contributions to the Group and wish him well in his future endeavours."

 

 

AIM Rules Schedule 2(g)

Full Name and Age

Simon Matthew Hirst, age 54

SAE Shareholding

82,034 shares

Previous Directorships in the last 5 years

MeyGen plc (current)

MeyGen Holdings Limited (current)

 

There are no further relevant disclosures under Schedule 2(g) of the AIM Rules.

For more information please contact:

 

SIMEC Atlantis Energy Limited

+44 (0) 7739 832 446

Sean Parsons, Director of External Affairs

 

Investec Bank PLC - NOMAD and Joint Broker

+44 (0) 20 7597 5970

Jeremy Ellis

Ben Griffiths


 

Arden Partners PLC - Joint Broker

 

+44 (0) 20 7614 5900

 

Ruari McGirr

Richard Johnson

Simon Johnson

 


 

Notes to Editors

 

SIMEC Atlantis Energy

 

SAE is a global developer, owner, and operator of sustainable energy projects with a diverse portfolio in various stages of development.

 

https://www.simecatlantis.com/

 

More on the MeyGen Project: https://simecatlantis.com/projects/meygen/

More on the Uskmouth Project: https://simecatlantis.com/project-development-operation/simec-uskmouth-power/

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
BOAUVANRUNUSUAR
UK 100

Latest directors dealings