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22 Apr 2016 14:58
Oracle Coalfields PLC
("Oracle" or the "Company")
22 April 2016
Appointment of Interim Chairman
Oracle Coalfields PLC (AIM:ORCP), the UK energy developer of a combined lignite mineral resource and mine mouth power plant located in the Thar desert in the south-east of Sindh Province, Pakistan, announces that it has appointed Mr Anthony Charles Raby Scutt, an existing Director of the Company, as chairman on an interim basis in place of Mr William Adrian Loader whose term as Director was not extended at the Annual General Meeting held on 20 April 2016 .
Shahrukh Khan, CEO of Oracle, said:
"I thank Adrian for his invaluable contribution to the development of the Company since he joined our Board in 2011. I wish him all the best for the future."
For further information:
Oracle Coalfields PLC Shahrukh Khan
| +44 (0) 203 102 4807 |
Brandon Hill Capital Limited Oliver Stansfield
| +44 (0)203 463 5000 |
Peterhouse Corporate Finance Charles Goodfellow
| +44 (0)20 7220 9791 |
Grant Thornton UK LLP Salmaan Khawaja, Richard Tonthat, Daniel Bush
| +44 (0) 207 373 5100 |
Blytheweigh Tim Blythe, Camilla Horsfall, Megan Ray
| +44 (0) 207 138 3204 |
Fortbridge Consulting Matt Beale, Bill Kemmery
| +44 (0)7966 389196 |
Notes for editors :
Biography of Mr Anthony C. R. Scutt :
Mr Scutt is a qualified Chartered Secretary and a Certified Internal Auditor with the US Institute of Internal Auditors. He has over 30 years of financial management experience with Shell International Petroleum and has worked in many parts of the world, including the Malagasy Republic, East and Central Africa, South Vietnam, Cambodia, the Philippines, Gabon and latterly as the Chief Internal Auditor of Shell UK.. Mr Scutt is a Non-Executive director of AIM-listed Starvest plc.
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