1 Nov 2024 15:23
Pennpetro Energy PLC
("Pennpetro" or the "Company")
Director Changes
London, 1 November 2024 - Pennpetro Energy PLC (LSE: PPP) advises that Mr Stephen Lunn has taken on the role of Chairman of the board of Directors with immediate effect. Mr Lenigas has resigned as a director of Pennpetro with immediate effect due to his other business commitments.
Tom Evans, Pennpetro's CEO says; "I welcome Stephen to his new position as Chairman. His previous experience and knowledge of the company, more fully outlined in our RNS of 25th September 2024, means he is certainly hitting the ground running in helping us achieve the companies near and long term targets.
I would like to thank David for his guidance and drive of Pennpetro in the time we have worked together. We wish him well in his future business endeavours."
There is no further information to be declared in accordance with LR 9.6.13.
-ENDS-
This announcement contains inside information within the meaning of Article 7(1) of (i) Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014, as amended (the "EU Market Abuse Regulation") and (ii) the EU Market Abuse Regulation as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018.
ENQUIRIES:
For further information contact the Company.
Pennpetro Energy PLC: Tom Evans, CEO
Stephen Lunn, Chairman | tme@pennpetroenergy.co.uk
stephengarylunn@gmail.com |
Brokers: Zeus Capital Simon Johnson
|
+44 (0) 207 614 5900 |
Peterhouse Capital Limited Lucy Williams Duncan Vasey
Flagstaff Strategic and Investor Communications Tim Thompson Alison Allfrey Anna Probert |
+44 (0) 20 7469 0930 +44 (0) 20 7220 9797
+44 (0) 20 7129 1474 pennpetro@flagstaffcomms.com |