REG - Ascent Resources PLC - Director Appointment

Ascent ResourcesAnnouncement

05/05/2020 11:30

RNS Number : 9780L
  
Ascent Resources PLC
  
05 May 2020
  
 

5 May 2020
Ascent Resources plc
("Ascent" or the "Company")
Director Appointment
 
Ascent Resources Plc (LON: AST) the onshore European and Caribbean / Hispanic American oil and gas company, is pleased to announce that, further to the announcement on 14 April 2020 which outlined the proposed Board changes, the necessary regulatory due diligence has been completed for the appointment of Andrew Dennan.
Andrew Dennan, aged 35, has today been appointed to the Board as Chief Executive Officer.
The following details in relation to the appointment of Mr. Dennan are disclosed in accordance with Schedule 2(g) of the AIM Rules:



Current directorships:


Past directorships held within the last five years:




Nu-Oil and Gas Plc


Saffron Energy Ltd*




Coro Energy plc


Alpha Growth Plc




Baron Lux LLP


Ezilla Ltd




Apennine Energy SpA


Penton Capital Ltd*








BSD Capital Ltd*








Coro Asia Ltd








Coro Europe Ltd








Coro Energy Asia Ltd








Coro Energy Holdings Cell A Ltd








Coro Energy (Singapore) PTE Ltd








Coro Energy Bulu (Singapore) PTE Ltd








Coro Energy Duyung (Singapore) PTE Ltd








Northsun Italia SpA



* Saffron Energy Ltd, Penton Capital Ltd and BSD Capital Ltd were all dissolved with no outstanding creditors. 
Mr Dennan holds 1,900,000 shares in the Company at the date of his appointment and has three year vest, five year expiry options over 1,385,894 new ordinary shares at a price of 5 pence per share.
There are no other disclosures required pursuant to Schedule 2(g) of the AIM Rules.
Enquiries:



Ascent Resources plc
Andrew Dennan


Via Vigo Communications
 




WH Ireland, Nominated Adviser & Broker
James Joyce / Chris Savidge


0207 220 1666




SP Angel, Joint Broker
Richard Hail, Caroline Rowe
 


0203 470 0470



 
 
APPENDIX:
The following details in relation to the appointment of Mr. Salvadori, aged 61, are disclosed in accordance with Schedule 2(g) of the AIM Rules:



Current directorships


Past directorships held within the last five years




Apennine Energy Spa


Northsun Italia Spa
Dana Gas Egypt



 
There are no other disclosures in accordance with Schedule 2(g) of the AIM Rules.


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