REG - Aminex PLC - Directorate Change

AminexAnnouncement

01/09/2023 07:00

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RNS Number : 0335L  Aminex PLC  01 September 2023

1 September 2023

 

Aminex plc

("Aminex" or "the Company")

 

Directorate Change

 

Aminex is pleased to announce the appointment of Robert Ambrose as a
Non-Executive Director of the Company with immediate effect. Mr. Ambrose will
also replace James Lansdell, who steps down as a Non-Executive Director with
immediate effect. Mr. Ambrose served on the Board of Aminex between September
2019 and April 2020 as a Non-Executive Director and as interim Chief Executive
Officer between April 2020 and January 2021.

 

As the Ruvuma effort moves forward, this Board change will enhance the
Company's ability to address the operational nature of the project.

 

Robert Ambrose is presently the Chief Compliance Officer for ARA Petroleum.
He was the Chief Operating Officer of The Zubair Corporation's Energy &
Logistics Division. He has a Master's in Petroleum Engineering from Imperial
College, London, and a Mechanical Engineering Honours Degree from Brunel
University in the UK. He has approximately 40 years of experience in the oil
and gas industry, from downstream to upstream, covering many aspects of the
supply chain. He has experience in and has held senior management roles
involving the reservoir, well construction, and production both onshore &
offshore. Mr. Ambrose joined The Zubair Group in 2001.

 

Under the terms of the Shareholder and Relationship Agreement dated 8 July
2016, Eclipse Investments LLC ("Eclipse") has the right to appoint two
directors. Along with Sultan Al-Ghaithi, Robert Ambrose is a representative
director appointed by Eclipse. At next year's AGM, Mr. Ambrose will be
proposed for election by shareholders.

 

Aminex confirms that no matters require disclosure regarding this appointment
under paragraph LR9.6.13R of the Listing Rules of the Financial Conduct
Authority.

 

 

Charles Santos, Executive Chairman of Aminex, commented:

 

"We warmly welcome Robert back to the Board of Aminex and look forward to
working with him again. As the development of the Ruvuma project progresses,
we will be able to harness Robert's significant technical and operational
expertise to enhance shareholder value further.

 

On behalf of the Board, we thank James for his important contribution to the
Company over the last three years. We look forward to continuing our working
relationship with him through his roles with The Zubair Corporation and ARA
Petroleum."

For further information:
 Aminex PLC                          +44 203 355 9909
 Charles Santos, Executive Chairman

 Davy                                +353 1 679 6363
 Brian Garrahy

 Shard Capital                       +44 20 7186 9952
 Damon Heath

 

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