30 Oct 2019 07:00
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
30 October 2019
PLUTUS POWERGEN PLC
("Plutus", the "Group" or the "Company")
Board update
Further to the announcement released by the Company on 21 October 2019, the Board of Plutus announces that Paul Lazarevic is no longer a director of Plutus Powergen plc as of 29 October 2019.
The Board of Plutus confirms that on 29 October 2019 Mr Lazarevic's service contract and consultancy agreement were terminated by the Company with immediate effect.
The Board are currently in discussions with prospective executive and non-executive directors to strengthen the board and will make further announcements in due course.
**ENDS**
For further information, please visit www.plutuspowergen.com, or contact:
Plutus PowerGen Plc | +44 (0) 20 8720 6562 |
Charles Tatnall, Executive Chairman | |
Allenby Capital Limited (Nominated Adviser and Joint Broker) | +44 (0)20 3328 5656 |
Nick Athanas James Hornigold | |
Turner Pope Investments (TPI) Limited (Joint Broker) | +44 (0)20 3621 4120 |
Andy Thacker | |
St Brides Partners Limited (Financial PR) | +44 (0)20 7236 1177 |
Isabel de Salis |
PPG.L (PPG)