18 Jun 2021 12:53
18 June 2021
Lekoil Limited
("LEKOIL" or the "Company")
Â
Directorate Change
LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, today announces the resignation of Ms. Aisha Muhammed-Oyebode, Non-Executive Director, with immediate effect.
The Company notes that further to the announcement on 3 June 2021 and the dismissal of Mr. Olalekan Akinyanmi for corporate governance breaches, it is pleased to note that Mr. Akinyanmi has confirmed his resignation as a director of the Company.
The Company confirms that the Board of the Company now consists of Mr. Anthony Hawkins (Executive Chairman), Mr. Al Tindall Jr. (Non-Executive Director), Mr. Tom Richardson (Non-Executive Director) and Mr. Marco D'Attanasio (Non-Executive Director).
Commenting on the Board changes, the Company's Executive Chairman, Mr. Anthony Hawkins, said:
"Given that Ms. Muhammed-Oyebode continues to serve as Chair of Lekoil Nigeria, this change is appropriate and the Board now accurately reflects the Company's shareholder base and its vision for the Company."
Â
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Â
For further information, please visit www.lekoil.com or contact:
SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker) John Mackay / Jeff Keating / Stuart Gledhill / Richard Hail | Â +44 20 3470 0470 |
Tennyson Securities (Joint Broker) Peter Krens / Edward Haig-Thomas | +44 20 7186 9030 |
Instinctif (Financial PR) Tim Linacre / Galyna Kulachek / Sarah Hourahane | +44 20 7457 2020 lekoil@instinctif.com |
Â