Information  X 
Enter a valid email address

Oilex Ltd (OEX)

  Print          Annual reports

Friday 02 July, 2021

Oilex Ltd

Appointment of New CFO

RNS Number : 9918D
Oilex Ltd
02 July 2021
 

ASX-RNS Announcement

 

2 July 2021

 

ASX: OEX

AIM: OEX

Appointment of New CFO

 

Oilex Ltd (Oilex or the Company) is pleased to announce the appointment of Colin Judd as Chief Finance Officer of the Company, effective 1 July 2021. It is intended that Mr Judd will also be appointed as a Director of the Company in due course.

Colin qualified as a chartered accountant with Price Waterhouse in 1979, where he fulfilled various professional accounting positions in the UK, Europe and the Far East. Colin joined Christian Salvesen plc in 1987, undertaking senior financial management roles culminating in the position of European Financial Controller. In 1994, Colin moved to Aberdeen where he undertook CFO roles for two private-equity-backed oil service businesses. In 1999, Colin joined Star Energy Limited as a founder member and CFO and was instrumental in the company's successful listing on AIM in 2004, various subsequent share placings and the company's ultimate sale to Petronas. Colin co-founded Trans European Oil & Gas Limited, a company backed by KKR, with the strategy to develop a pan-European oil and gas business.

Mark Bolton, the current CFO, continues as a Non-Executive Director and Company Secretary of Oilex.

Oilex's CEO, Mr Roland Wessel, said: "Colin's appointment adds a wealth of experience and expertise to the Company and is in line with the Company's new strategy to enhance access to the AIM Market shareholder base. Having worked closely with Colin for over 20 years, I'm confident in his ability to help elevate the Company to the next level. "

Additional Information on Mr Colin Judd, aged 68

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


Current Directorships or Partnerships Held

Trans European Oil & Gas Ltd


Directorships or Partnerships held within 5 Years

CMR Energy Limited

 

Mr Judd does not currently hold any shares, or an interest over shares, in the Company.

 

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

 

For and on behalf of Oilex Ltd

 

Roland Wessel

CEO

For further information, please contact:

Investor Enquires

Oilex Ltd

Joe Salomon

Executive Chairman

Email: [email protected]

Tel: +61 8 9485 3200

Australia

AIM Broker

Novum Securities

B roker

Colin Rowbury

Email: [email protected]

Tel: +44 20 7399 9427

UK

AIM Nominated Adviser

Strand Hanson Limited

Nominated Adviser

Rory Murphy/Ritchie Balmer 

Email: [email protected]

Tel: +44 20 7409 3494

UK

Media Enquires (UK)

Vigo Consulting

Investor Relations

Patrick d'Ancona/Chris McMahon

Email: [email protected]

[email protected]

Tel:+ 44 20 7390 0230 UK

 

 

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 [email protected] 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
 
 
BOAUUABRAAUBRRR

a d v e r t i s e m e n t