Last checked at 27 Nov 2017 07:00
27th November 2017
Bowleven plc
('Bowleven' or 'The Company')
Board Change
Bowleven, the Africa focused oil and gas group traded on AIM, today announces that following three years' service as a Chief Operating Officer of the Company, David Clarkson has elected to retire from this role with immediate effect. In addition, the Board confirms that Mr Clarkson will be retiring as a Director of Bowleven with effect from 13th December 2017, following the Company's Annual General Meeting held on this date.
Christopher Ashworth, Chairman, Bowleven, said:
"With Bowleven completing its transition to a holding company, there is no longer a role for a Chief Operating Officer, and in line with other cost-saving measures it is appropriate to close this position. The Board would like to thank Mr Clarkson for his considerable service to Bowleven and for the valuable role he played in providing continuity through a period of change."
ENQUIRIES
For further information, please contact:
Bowleven plc
Christopher Ashworth, Chairman 00 44 131 524 5678
Eli Chahin, Chief Executive
Brunswick Group LLP
Patrick Handley 00 44 207 404 5959
Will Rowberry
Cenkos Securities plc (NOMAD)
Derrick Lee 00 44 131 220 6939
Neil McDonald