Director Appointment

RNS Number : 2317D
TomCo Energy PLC
17 February 2020
 

 

17 February 2020

 

TomCo Energy plc

("TomCo", the "Company" or the "Group")

 

Director Appointment

 

TomCo Energy plc (AIM: TOM), the unconventional oil exploration, development and technology group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to announce that it has appointed Mr Stephen West as a Non-Executive Director of the Company, with immediate effect.

 

Mr West holds a Bachelor of Commerce and is a Fellow Chartered Accountant (CA ANZ) and CA (ICAEW) with over 26 years of financial and corporate experience gained in public practice, oil and gas, mining and investment banking. Mr West has held several senior positions in oil and gas, and mining companies, including Apollo Consolidated Limited (ASX: AOP) where he was a Non-Executive Director from 2012 to 2018, and Zeta Petroleum plc where he is co-founder and current Non-Executive Chairman. He is also currently Executive Director and Chief Financial Officer of PetroNor E&P Limited (OSE: PNOR); however, has recently resigned from this position, effective from the end of February 2020, having been instrumental in the successful merger of African Petroleum Corporation Limited and PetroNor E&P Limited in August 2019, and the subsequent integration of the two companies. Prior to 2002, Mr West worked in the banking sector, including for Barclays Capital London where he managed Global Finance Projects.

 

Additional information on Stephen West

 

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

 

Stephen Paul West, aged 47, has been a director or partner of the following companies during the five years preceding the date of this announcement:

 

Current directorships/partnerships

Past directorships/partnerships (last 5 years)

29 Filmer Road Management Limited

African Petroleum CI-513 Limited

African Petroleum Côte D'Ivoire Limited

African Petroleum Corporation Limited

African Petroleum Gambia Limited

African Petroleum Drilling Services Ltd

African Petroleum Senegal Limited

African Petroleum Guinea Limited

African Petroleum Sierra Leone Limited

African Petroleum Liberia Limited

APCL Gambia B.V.

African Petroleum Limited

Cresthaven Investments Pty Limited

Apollo Consolidated Limited

European Hydrocarbons Limited

Auctus Corporation plc

European Hydrocarbons (Cayman) Limited

European Hydrocarbons Ghana Ltd

MFW Resources Limited

European Hydrocarbons SL Limited

Oilion Energy Ltd

Norsve Resources Limited

PetroNor E&P AS

Orana Corporate LLP

PetroNor E&P Limited

Partner Capital Limited

PetroNor E&P Services Limited

Silk Road Oil & Gas Ltd

Regal Liberia Limited


Zeta Petroleum plc




 

Mr West is currently interested in 3,076,923 ordinary shares of no par value in the Company, representing approximately 1.1% of the Company's issued share capital.

 

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

 

Andrew Jones, TomCo's Executive Chairman, commented:

"I am delighted to welcome Steve West to the TomCo Board. He brings considerable capital markets and transactional experience in the oil and gas sector to the Company which adds to and complements the skill set of our existing Board members. We look forward to working with Steve as we work towards unlocking and delivering value from our significant unconventional hydrocarbon resources."

 

Enquiries:

 

TomCo Energy plc

Andrew Jones (Chairman)                                             +44(0)20 3 823 3635

John Potter (CEO)

 

Strand Hanson Limited                                                 (Nominated Adviser)

James Harris                                                                       +44 (0) 20 7409 3494

Richard Tulloch

James Dance

 

Turner Pope                                                                       (Broker)

Andy Thacker/Zoe Alexander                                     +44 (0)20 3657 0050

 

For further information, please visit www.tomcoenergy.com

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR").


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.
 
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