7 Feb 2022 07:00
7 February 2022
IGas Energy plc (AIM: IGAS)
("IGas" or the "Company")
Board Change
Appointment of Non-executive Director
IGas is pleased to announce that Kate Coppinger has accepted an invitation to join the Board of IGas as an Independent Non-executive Director with immediate effect. Kate will be a member of the audit and remuneration committees.
Kate is currently Non-executive Director at Serica Energy plc, an AIM listed, independent UK natural gas producer.
Kate initially worked for CIBC World Markets as a research analyst before joining Harrison Lovegrove in 2000 where she moved into transaction execution. Following the acquisition of Harrison Lovegrove by Standard Chartered Bank in September 2007, Kate continued in oil and gas M&A transactions. In 2014, she was appointed Managing Director, Oil & Gas Corporate Finance, where she was responsible for origination and execution of transactions for European clients, a position she held until leaving Standard Chartered Bank in 2020.
Commenting Cuth McDowell, Interim Non-executive Chairman said:
"I am delighted to welcome Kate to the Board. Kate brings Board-level expertise drawing on over 20 years advising energy companies on M&A and strategy.
Kate Coppinger said:
"As the E&P industry enters a new phase, I am impressed by the strategic steps IGas has already taken to diversify into low-carbon technologies leveraging its existing skill sets, infrastructure and assets, whilst continuing to safely and responsibly deliver indigenous supply of oil and gas."
Additional information:
Katherine Jane Coppinger (née Sansom), age 51, is a Non-executive Director of Serica Energy plc.
There are no other disclosures required 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