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Novera Energy PLC (NVE)

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Monday 15 June, 2009

Novera Energy PLC

Directorate Change

RNS Number : 9082T
Novera Energy PLC
15 June 2009

15 June 2009

Novera Energy plc ('Novera' or the 'Company')

Directorate Change

The Board of Novera is pleased to announce the appointment of Richard Round as director of the Company and as Novera's Finance Director with effect from August 2009.  

The Company announced on 23 February that Rory Quinlan intended to resign from the Company. Rory's resignation from the Company and as a director took effect today.  

Richard, aged 51, joins Novera from his post as CFO at Lubel Coal Company Limited.  He previously worked as Finance Director at AIM-listed Anglo-Asian Mining and also Cambrian Mining, where he led the upgrade of their financial reporting systems.   Prior to these appointments he was Finance Director at Scottish Resources Group, the largest UK opencast coal mining company which also owned various renewable energy projects, and other companies in the oil and gas and engineering sectors.  He is currently a non-executive director, chairing the Audit Committee, at Anglo-Asian.

Roy Franklin, Chairman of Novera, said: 

"On behalf of the Board of Novera I would like to thank Rory for his considerable contribution to Novera's growth and wish him well for the future.

Richard brings a breadth of experience both working for public companies and as a finance director. He has excellent relationships with the financial community and the Board of Novera looks forward to working with him as we grow the company". 

Under Schedule 2, paragraph (g) of the AIM Rules, the following information is disclosed in relation to Richard Round in addition to the information above and is correct as at 15 June 2009:

Full Name:              Richard Round

Age:                        51

Current directorships:

Lubel Coal Company Limited (BVI registered) 

Lubel Coal Company (UK) Limited 

Anglo Asian Mining PLC

Anglo Asian Operations Limited

Rimar Services Limited

Previous directorships in last five years:

Alba Resource Recovery Limited

Alba Trustees Limited

Castlebridge Plant Limited

Scottish Bio Fuel Limited

Scottish Coal Contracts Limited

The Scottish Coal Company Limited

Game Fisheries Limited

Industry-Wide Coal Staff Superannuation Scheme Co-ordinator Limited

Industry-Wide Mineworkers' Pension Scheme Co-ordinator Limited

Other than the information contained within this announcement, there is no further information required by Schedule 2, paragraph (g) of the AIM Rules to be disclosed with regards to Richard Round.

For further information:

Novera Energy plc

David Fitzsimmons, Chief Executive Officer

Tel: +44 (0) 20 7845 9720

Oriel Securities Limited (Nominated Adviser)

Michael Shaw

Tel: +44 (0) 20 7710 7600

Kreab Gavin Anderson (PR)

Ken Cronin / Kate Hill / Michael Turner / Andy Jones

Tel: +44 (0) 20 7554 1400

Notes to Editors:

Novera Energy plc

Novera is a leading independent UK renewable energy company, with a portfolio of landfill gas, hydro and wind assets and development projects.  The Company has 148MW of renewable power generation capacity at 58 sites. Novera employs over 160 members of staff.  For more details, visit

This information is provided by RNS
The company news service from the London Stock Exchange