26 Apr 2016 09:05
PetroNeft Resources plc
("PetroNeft" or the "Group" or the "Company")
Directors Declaration
Pursuant to Schedule 2, Paragraph g of the AIM Rules and ESM Rules, Petroneft notifies the following in relation to Mr Maxim Korobov (age 58), Mr Anthony Sacca (age 43) and Mr David Sturt (age 53) (collectively the "New Directors") who were appointed as directors of the Company on 25 April 2016.
The New Directors hold or have held, outside the Group, the following directorships, and/or are or were members of the following partnerships, within the five years prior to the date of this announcement:
Name of Director | Current Directorships/Partnerships | Previous Directorships/Partnerships |
Maxim Korobov | AeroGlobe LLC | - |
Sibgasoil Investments Ltd | ||
Anthony Sacca | Karri Tree Investments | Rolf Group |
Emex Group | Specta Group | |
David Sturt | AzEire Petroleum Ltd | VistaTex |
PetroSibir AB | PetroGrand AB | |
VTX Energy | ||
Natlata Partners Limited holds an aggregate interest in 208,429,458 ordinary shares of €0.01 each which represents 29.47%* of the issued share capital of PetroNeft. Mr. Maxim Korobov is the 100 per cent. beneficial owner of Natlata Partners Limited.
There is no further information to be disclosed in respect of the New Directors as required by Schedule 2, Paragraph g, of the AIM and ESM rules for companies.
\* This percentage shareholding is based on a shares in issue figure of 707,245,906 ordinary shares.
For further information, contact:
Dennis Francis, CEO, PetroNeft Resources plc | +1 713 988 2500 |
Paul Dowling, CFO, PetroNeft Resources plc | +353 1 647 0280 |
John Frain/Brian Garrahy, Davy (NOMAD and Joint Broker)
| +353 1 679 6363 |
Henry Fitzgerald-O'Connor, Canaccord Genuity Limited (Joint Broker)
| +44 207 523 8000 |
Martin Jackson/Shabnam Bashir, Citigate Dewe Rogerson | +44 207 638 9571 |
Joe Heron / Douglas Keatinge, Murray Consultants | +353 1 498 0300 |