REG - Corcel PLC - Board Update

CorcelAnnouncement

18/09/2024 07:00

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RNS Number : 5972E  Corcel PLC  18 September 2024

Corcel PLC

("Corcel" or the "Company")

Board Update

 

18 September 2024

 

 

Corcel Plc (London AIM: CRCL), the pan Angola-Brazil focused exploration and
production company announces that further to the announcement of 12 July 2024,
the company confirms Mr. Scott Gilbert's regulatory checks have been completed
and that he will be joining the board with immediate effect.

 

 

The Board of the Company will therefore consist of:

 

Executive Directors:

 

Mr. Scott Gilbert - Chief Executive Officer

Ms. Geraldine Geraldo - Chief Commercial Strategy Officer

 

Non-Executive Directors:

 

Mr. Andrew Fairclough - Interim independent Non-executive Chairman

Mr. Pradeep Kabra - Independent Non-Executive Director

Mr. Antoine Karam - Non-Executive Director

Mr. Yan Zhao - Non-Executive Director

 

 

Mr. Gilbert currently has disclosed the following interests in the Company:

 

 Directors      Ordinary Shares       Total Shares  % of Issued Share Capital  Warrants  Options
                Direct    Indirect
 Scott Gilbert  -         25,000,000  25,000,000    1.02%                      Nil       31,490,580

 

The following information is disclosed pursuant to paragraph (g) Schedule two
of the AIM Rules for Companies.

 

Scott Gilbert (aged 39) directorships and partnerships in the last five years
are as follows:

 

Current Directorships:

 

Group de Clermont Limited

De Clermont Capital Limited

Sagitta Energy Limited

DCC Latam Limited

DGJB Holdings Limited

 

Past Directorships:

 

Ingwe Power Limited

GDC Energy Limited

AOT International Limited

AOT Manufacturing Limited

Conterp Group plc

Swala Oil and Gas (Tanzania) Limited

 

Related Party Interests:

 

Mr. Gilbert also indirectly owns a 1.25% interest in Apex Petroleum
Exploration Worldwide Limited, an entity which retains a 10% carried interest
in the Company's three exploration blocks in Angola, namely, KON-11, KON-12
and KON-16, as announced on 24 May 2023.

 

There is no further information to be disclosed pursuant to paragraph (g) of
Schedule 2 of the AIM Rules.

 

For further information, please contact:

 

Scott
Gilbert
Corcel Plc CEO

Development@Corcelplc.com (mailto:Development@Corcelplc.com)
 

 

James Joyce / James Bavister /Andrew de Andrade
WH Ireland Limited NOMAD & Broker

0207 220 1666

 
 

Patrick d'Ancona
 
Vigo Communications IR

0207 3900 230
 
 

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation (EU) No.
596/2014 which is part of UK law by virtue of the European Union (withdrawal)
Act 2018. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.

 

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