Corporate Update

RNS Number : 8728K

Tlou Energy Ltd

06 January 2016

 

6 January 2016

Tlou Energy Limited

("Tlou" or "the Company")

Corporate Update

Key points:

·          Temporary change to executive team

Tlou advises that Managing Director and Chief Executive Officer Mr Anthony Gilby will, with immediate effect, take extended leave due to illness. The term of this leave is undetermined and will be based on advice from medical professionals.

In his absence, Executive Director, Mr Gabaake Gabaake will assume the role of acting Managing Director and Chief Executive Officer. The current Chief Financial Officer, Mr Colm Cloonan will assist by fulfilling the duties of Deputy Chief Executive Officer alongside Mr Gabaake.

Both Mr Gabaake and Mr Cloonan have worked very closely with Mr Gilby for many years and have an in-depth knowledge of all facets of the company's operations. This will ensure that the temporary transition is as seamless as possible. Mr Gilby will be on extended sick leave in his role as Managing Director of the company.

The company would like to wish Mr Gilby a very speedy recovery and look forward to his return to work as soon as possible.

Enquiries:

Tlou Energy Limited Solomon Rowland, Company Secretary Colm Cloonan, Chief Financial Officer www.tlouenergy.com	[phone]
Grant Thornton                                         Jen Clarke, Colin Aaronson, Harrison Clarke	[phone]
Brandon Hill Capital Jonathan Evans, Alex Walker	[phone]

 

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