10 Feb 2012 12:25
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
Press Release | 10 February 2012 |
Mytrah Energy Limited
("Mytrah Energy" or the "Company")
The board of Mytrah Energy (the "Board") today announces that the Hon. Angad Paul is stepping down from the Board, with immediate effect, in order to devote his time to the Caparo Group of companies.
Mr Ravi Kailas, Mytrah Energy's Chairman and Chief Executive Officer, said:
"We are very grateful to Angad for the considerable contribution he has made to the establishment and development of Mytrah Energy, both as a director and formerly chairman, and we extend every good wish to him for the future."
The Hon. Angad Paul said:
"I have been proud to be involved in the establishment of Mytrah Energy and continue to be its strongest supporter. I firmly believe that the Company now has the requisite strength in its management and board to successfully execute its ambitious strategy."
For further information please visit www.mytrah.com or contact:
Mytrah Energy Limited
Ravi Kailas, Chairman and CEO +44 (0) 20 7166 6440
Strand Hanson Limited
Angela Peace/Paul Cocker/James Harris +44 (0) 20 7409 3494
Deutsche Bank
Drew Price/Rajat Katyal +44 (0) 20 7547 8000
Mirabaud Securities LLP
Peter Krens/Rory Scott +44 (0) 20 7878 3360
Pelham Bell Pottinger
Philippe Polman/Joanna Boon +44 (0) 20 7861 3232