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Pin to quick picksIgas Energy Regulatory News (IGAS)

Share Price Information for Igas Energy (IGAS)

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Board Change

Mon, 10th Jan 2022 07:00

RNS Number : 8848X
Igas Energy PLC
10 January 2022
 

10 January 2022

 

IGas Energy plc (AIM: IGAS)

("IGas" or "the Company")

 

Board Change

Retirement of Interim Non-executive Chairman and Appointment of Non-executive Director

IGas announces that Cuth McDowell has notified the Board, after 10 years of service as a Non-executive Director and currently Interim Non-executive Chairman, of his intention to step down from the Board later this year.

IGas is pleased to announce the appointment of Chris Hopkinson as Independent Non-executive Director with immediate effect. It is intended that Chris will take over the role of Non-executive Chairman from Cuth in due course. Chris will be a member of the audit, nominations and remuneration committees.

A review of the Board composition remains ongoing, including addressing its diversity.

Chris is currently Non-executive Chairman of Enwell Energy an AIM-quoted oil and gas exploration and production group and founder of Astra Resources Management advising utility scale PPP Solar projects.

Chris began his career with Shell International, followed by technical and management roles with Yukos and Lukoil Overseas, before becoming Chief Executive Officer of Imperial Energy Group up until its acquisition by ONGC in 2009. He was then Vice-President Western Siberia for TNK-BP, Senior Vice-President North Africa for BG Group, Chief Executive Officer of International Petroleum Limited, and Chief Operating Officer for JSC National Company KazMunayGas.

Chris holds a BSc Honours degree in Applied Physics from St Andrews University.

Commenting Cuth McDowell, Interim Non-executive Chairman said:

"I am delighted to welcome Chris to the Board. Chris has a tremendous amount of highly relevant experience and I am in no doubt that he will make a strong contribution to IGas as we move forward." 

Chris Hopkinson said:

"I am excited to be joining IGas and helping to support the team in driving the business forward to create future shareholder value through its existing cash-generative assets and through its bold energy transition strategy."

Additional information:

The following information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies.

Simon Christopher Hopkinson (54 years old) has been a director or partner of the following companies during the five years preceding the date of this announcement:

 

Current directorships and/or partnerships

Past directorships and/or partnerships

Astra Resources Management Ltd

Blackbuck Energy Ltd

Astra Energy Consult Ltd

 

Enwell Energy plc

 

 

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

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation No 596/2014.

 

For further information please contact:

IGas Energy plc Tel: +44 (0)20 7993 9899

Stephen Bowler, Chief Executive Officer

Ann-marie Wilkinson, Director of Corporate Affairs

 

Investec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44 (0)20 7597 5970

Sara Hale/ Virginia Bull/Jeremy Ellis

 

Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor/James Asensio

 

Vigo Consulting Tel: +44 (0)20 7390 0230

Patrick d'Ancona/Chris McMahon/Kendall Hill

 

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.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
 
 
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Date   Source Headline
10th Jan 20227:00 amRNSBoard Change
4th Jan 20227:00 amRNSReserves Based Lending redetermination completed
21st Dec 20214:42 pmRNSSecond Price Monitoring Extn
21st Dec 20214:36 pmRNSPrice Monitoring Extension
10th Dec 20212:45 pmRNSHolding(s) in Company

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