Director Appointments
18/09/2024 10:54
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RNS Number : 7015E Global Petroleum Ltd 18 September 2024
18 September 2024
Global Petroleum Limited
("Global" or "the Company")
Director Appointments
The Company is pleased to announce the appointments of Omar Ahmad and Hamza
Choudhry to the Company's board of directors ("Board") as Executive Directors,
with immediate effect. Omar Ahmad will be appointed as Chief Executive Officer
and Hamza Choudhry will be appointed as Chief Financial Officer.
Mr Ahmad and Mr Choudhry were the consultants and introducers for the recently
announced mineral resource Exploration Licence EL08/3497 to Global Petroleum.
Omar Ahmad has extensive experience in leading family offices and a
substantial background in AIM and Small Cap market investments. He has been a
Professional HNW Equities Investor for the last ten years and has cornerstoned
a multitude of fundraises providing strategic guidance and market expertise to
boards of AIM and Main Market companies. He has a proven record of identifying
"early door" opportunities especially in the mineral resource and commodity
sector with a focus on maximising long-term returns.
Omar has vast experience in investing in equities and foreign exchange markets
and currently is CEO of a multi-asset family office based in the Middle East.
Omar holds a Degree from Imperial College London and is an Associate of the
Royal College of Science.
Hamza Choudhry has substantial experience in finance and accounting. He
trained at Grant Thornton and worked in the "Big 4" before moving to Industry
where he worked as a lead accountant and governance role at Siemens across
their multi-billion revenue businesses in Europe, including Siemens Energy and
Siemens Financial Services. Subsequently he has consulted with family offices
across UK and Middle East with a focus on strategy, finance and commercial
opportunities.
Hamza also has been a professional equities investor for the last six years
with a focus on small cap opportunities in the commodity sector. He regularly
communicates with AIM and main market company boards on strategy, financial
efficiencies, operations and market news releases.
Hamza is a Chartered Accountant and member of the ICAEW and holds a Degree
from Imperial College London.
Omar Ahmad, Executive Director of Global Petroleum commented:
"I am excited to join Global alongside Hamza as we look to transform the
Company's vision and strategy starting with the Exploration Licence EL08/3497.
My aim is to unlock significant value from our exploration projects and drive
sustainable growth for our shareholders.
I want to extend a warm welcome to our partner Callum Baxter with whom Global
have a shared exploration vision to identify opportunities for future world
class mineral resource discoveries."
Hamza Choudhry, Executive Director of Global Petroleum commented:
"I am delighted to join Global and contribute my experience and expertise to
the Company and its shareholders. We will maintain a rigorous financial
approach to ensure that our resources are allocated effectively to benefit the
Global and its shareholders.
Our vision is to build Global through a sensible and calculated approach with
the interests of our shareholders at the forefront of our business decisions
and strategy."
Additional disclosures
The following details in relation to the appointments are disclosed in
accordance with Schedule 2(g) of the AIM Rules:
Omar Ahmad (aged 41)
Current directorships or partnerships Previous directorships or partnerships (in the last five years)
Amel DWC LLC Argentari Capital LLC
K.O Developments Limited
Mohammad Hamza Choudhry (aged 38)
Current directorships or partnerships Previous directorships or partnerships (in the last five years)
Berkshire Consulting International Limited Park Lane Advisory Limited
HC Financial Services Limited
Argentari Capital LLP
Hamza Choudhry was a director of Park Lane Advisory Limited when it was
dissolved via compulsory strike off on 21 September 2021 with no outstanding
creditors. Mr Choudhry was also a director of HC Financial Services Limited
when it was dissolved via compulsory strike off on 27 October 2020, with no
outstanding creditors.
For further information, please visit http://www.globalpetroleum.com.au/
(http://www.globalpetroleum.com.au/) or contact:
Global Petroleum Limited +61 3 8611 5333
Andrew Draffin, Company Secretary and Non-Executive Director
SPARK Advisory Partners Limited (Nominated Adviser) +44 (0) 20 3368 3555
Andrew Emmott
CMC Markets (Broker) +44 (0) 20 7170 8200
Tom Curran/Thomas Smith
SI Capital Limited +44 (0) 148 341 3500
Nick Emerson/Nick Briers
Tavistock (Financial PR & IR) +44 (0) 20 7920 3150
Simon Hudson / Nick Elwes
This announcement has been issued by and is the sole responsibility of the
Company.
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