Last checked at 11 Jul 2018 07:00
11 July 2018
Sound Energy plc
("Sound Energy" or the "Company")
Directorate Change
Sound Energy, the Moroccan focused upstream gas company, is pleased to announce the appointment of JJ Traynor, the Company's existing Chief Financial Officer, to the Sound Energy Board of Directors with immediate effect.
JJ Traynor has 29 years' experience in oil & gas and prior to joining Sound Energy in September 2017 JJ was Executive Vice President of Investor Relations at Royal Dutch Shell, and part of the finance leadership team there for 12 years. Prior to Shell, JJ was Managing Director of the award-winning oil & gas equity research team at Deutsche Bank. He began his career in 1989 as an exploration geologist at BP, spending 8 years in Mongolia, Norway, Vietnam and the UK. He has a geology degree from Imperial College, London, a PhD from Cambridge University, and he is an alumnus of the INSEAD advanced management programme.
Richard Liddell, Sound Energy's Chairman, commented:
"I am delighted to welcome JJ to the Board of Sound Energy. JJ has been a key member of the Sound Energy executive team since joining the Company in September 2017 and his experience and capabilities will further reinforce the Board."
Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon Kate Rogucheva
| Tel: +44 (0)20 7390 0230 |
Sound Energy James Parsons, Chief Executive Officer
| j.parsons@soundenergyplc.com
|
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes
| Tel: +44 (0)20 7131 4000 |
RBC - Joint Broker Matthew Coakes Martin Copeland
| Tel: +44 (0)20 7653 4000 |
Macquarie Capital (Europe) Limited - Joint Broker Alex Reynolds Nick Stamp | Tel: +44 (0)20 3031 2000 |
In addition to his appointment to the Sound Energy board of directors, Dr. John Joseph ("JJ") Traynor, aged 53, holds or has held the following directorships or partnerships in the past five years.
Current | Previous (last five years) |
Edinburgh Capital Markets Ltd | - |
Sound Energy Meridja Limited |
|
Sound Energy Morocco East Limited |
|
Sound Energy Morocco South Limited |
|
JJ Traynor is interested in 4,000,000 options to subscribe for new ordinary shares in the Company ar a price of 48 pence per ordinary share, such options vesting on 14 September 2020 and capable of exercise at any time thereafter until 19 September 2022. In addition, JJ Traynor is interested in 961,194 restricted stock units vesting on 1 January 2021.