Gunsynd Regulatory News (GUN)

Gunsynd plc

("Gunsynd", or the "Company")

Appointment of Director

The board of Gunsynd is pleased to announce the appointment of David Ormerod as a Non-Executive Director with immediate effect.

David is an experienced oil and gas professional who has been involved in public companies at a management and board level for thirty years. He has experience with operations in Africa, Asia, US, South America and Australia where he has been involved in business development, initial drilling through to field development. He is a member of the AAPG, SEG and a fellow of the Royal Geological Society. He adds technical governance and strategy at a critical time in the development of the company.

Hamish Harris, Gunsynd Executive Chairman, commented: 

"This is a very significant appointment for the Company with regard to its oil and gas strategy. David Ormerod brings not only a wealth of technical expertise but just as importantly experience in dealing with licence acquisitions at a government level. This appointment greatly enhances the ability of Gunsynd to being able to not only find but pursue oil and gas deals at a direct working interest level".

Other than that as set out below, there are no other matters that are required to be disclosed under Schedule 2 paragraph (g) of the AIM Rules in relation to the appointment of David Scott Ormerod aged 53.

Current and previous directorships:

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

The directors of Gunsynd accept responsibility for this announcement.