REG - Indus Gas Limited - Appointment of NEDs

Indus GasAnnouncement

07/03/2023 07:00

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RNS Number : 0701S  Indus Gas Limited  07 March 2023

Indus Gas Limited

 

("Indus" or the "Company")

 

Board Augmentation

 

Indus Gas Limited (AIM:INDI), an oil and gas exploration and development
company with assets in India, is pleased to announce the appointment of Mr
Nicholas Saul and Mrs Elizabeth Powell as Independent Non-Executive Directors
of the Company, with immediate effect.

 

Liz's background is primarily in Human Resources through her work with a major
Guernsey based independent fiduciary. She has a CIPD qualification in HR and
has become skilled in international payroll matters. In recent years, in
addition to her personnel skills, she has taken on directorships in companies
employing staff in the Oil & Gas sector as well as companies owning assets
for international oil companies.

 

Nick started his career as a Merchant Navy Officer with Texaco in 1980 and has
been working in the Oil & Gas industry since. Today, he owns a successful
Guernsey business that manages the employment of thousands working in the
hydrocarbons industry as well over 10,000 mariners. Nick has a BSc in Maritime
Commerce, is an Associate Fellow of the Nautical Institute and a Chartered
Member of The Chartered Institute of Logistics and Transport.

 

Jonathan Keeling, Executive Chairman of Indus, commented:

 

"It is a pleasure to welcome Liz and Nick to the Board and we look forward to
benefitting from their experience and insights. Having their experience on the
Board further strengthens the team, as we continue to progress the Company's
growth."

 

AIM Rules for Companies, Schedule 2(g) Disclosures

 

The following additional information is provided in accordance with paragraph
(g) of Schedule Two of the AIM Rules for Companies.

 

Mrs Elizabeth ("Liz") Anne Powell (aged 43)

 

 Current Directorships                                     Past Directorships (in the last five years)
 Argali Investments Limited                                Actio Limited
 Azur Limited                                              Anvil Marine Limited
 Bachmann Port Services Limited                            Athena Yacht Holdings Limited
 Bachmann Recruitment (Guernsey) Limited                   Atherstone Limited
 Bachmann Recruitment Limited                              Boone Limited
 Bachmann Training Limited                                 Coniston Marine Limited
 BachmannHR Group Limited                                  DeVic T Corp Limited
 BachmannHR Marine Limited                                 Falcon Marine Services Limited
 Blanchard Limited                                         Fiorella Ltd
 Blue Star Yachting Limited                                Gina Limited
 Cemex Marine (Guernsey) PCC Limited                       Live Sailing Company Limited
 DFDS (Guernsey) Limited                                   Reesle Marine Limited
 EC Maritime Limited                                       Ronin Limited
 Freight Management Limited                                Vastina Limited
 Greenwich Marine Limited                                  ZYR Limited
 Guernsey Athletics Club LBG
 Guernsey Yacht Crew Services PCC Limited
 Holyhead Towing Company (Guernsey) Limited
 Idle Limited
 Isles Of Scilly Shipping Company (Guernsey) Limited
 Jama International Investment Company (Guernsey) Limited
 Jessy Limited
 LSYM Limited
 Magna Fugam Limited
 Mareel (Guernsey) Limited
 Marine Assets Limited
 Marlin Marine Limited
 Njord Crewing (Guernsey) PCC Limited
 Pharos Offshore (Guernsey) Limited
 Pinnace Marine Limited
 PSIL (Guernsey) PCC Limited
 SB Holdings Limited
 Seaway Manning Services (Guernsey) Limited
 SPC Investments Limited
 Spring Rain Limited
 Thalyssa Limited
 The Guernsey Association of Maritime Organisations LBG
 The Honourable Company of Adventurers Limited
 Transport & Offshore Services (Guernsey) PCC Limited
 Vessel Manning Services Limited
 Vista Marine Limited
 Warrington Holding Company Limited
 Warrington Limited
 Westward Sailing Limited
 Yacht Management Company Limited
 YachtCrew PCC Limited
 Yachting Payroll Solutions PCC Limited
 Zalanka Limited
 Zulu Limited

 

 

Mr Nicholas ("Nick") David Saul (aged 61)

 

 Current Directorships                                     Past Directorships (in the last five years)
 Actio Limited                                             Abcee Limited
 Argali Investments Limited                                Anvil Marine Limited
 Azur Limited                                              Athena Yacht Holdings Limited
 Bachmann Corporate Services Limited                       Atherstone Limited
 Bachmann Marine Services (2013) Ltd                       Boone Limited
 Bachmann Port Services Limited                            Coniston Marine Limited
 Bachmann Recruitment (Guernsey) Limited                   DeVic T Corp Limited
 Bachmann Recruitment Limited                              Falcon Marine Services Limited
 Bachmann Secretarial Services Limited                     Fiorella Ltd
 Bachmann Training Limited                                 GINA Limited
 BachmannHR Group Limited                                  Live Sailing Company Limited
 BachmannHR Marine Limited                                 Reesle Marine Limited
 Bay Limited                                               Ronin Limited
 Blanchard Limited                                         The Lomond Marine L.P.
 Blue Star Yachting Limited                                Zentura Limited
 Cemex Marine (Guernsey) PCC Limited                       ZYR Limited
 Crossbank Ltd
 DFDS (Guernsey) Limited
 EC Maritime Limited
 Freight Management Limited
 Gialinde Marine Limited
 Greenwich Marine Limited
 Guernsey Yacht Crew Services PCC Limited
 Holyhead Towing Company (Guernsey) Limited
 Idle Limited
 Isles Of Scilly Shipping Company (Guernsey) Limited
 Jama International Investment Company (Guernsey) Limited
 Jessy Limited
 LSYM Limited
 Magna Fugam Limited
 Mareel (Guernsey) Limited
 Marine Assets Ltd
 Marlin Marine Limited
 Njord Crewing (Guernsey) PCC Limited
 Noble Offshore Crew Management (Guernsey) Limited
 Personnel Services International Limited
 Pharos Offshore (Guernsey) Limited
 Pinnace Marine Limited
 PSIL (Guernsey) PCC Ltd
 SB Holdings Limited
 Seaway Manning Services (Guernsey) Limited
 Sonair Limited
 SPC Investments Limited
 Spring Rain Limited
 Thalyssa Limited
 The Guernsey Association of Maritime Organisations LBG
 The Honourable Company of Adventurers Limited
 Transport & Offshore Services (Guernsey) PCC Limited
 Valimar Limited
 Vastina Limited
 Vessel Manning Services Limited
 Vista Marine Limited
 Warrington Holding Company Limited
 Warrington Limited
 Westward Sailing Limited
 Yacht Management Company Limited
 YachtCrew PCC Limited
 Yachting Payroll Solutions PCC Limited
 Zalanka Limited
 Zulu Limited

 

Mr Saul was a director of Gardenworks (Burnley) Ltd when it was dissolved in
August 2010 following a creditors voluntary liquidation that commenced in
March 2009 and with an estimated shortfall to creditors of approximately
£240,000.

 

There is no other information that is required to be disclosed pursuant to
paragraph (g) of Schedule Two to the AIM Rules for Companies.

 

 

For further information please contact:

 

 Indus Gas Limited

 Jonathan Keeling                                                                                                       +44 (0) 20 8133 3375

 Strand Hanson Limited (Nominated and Financial Adviser)

 Ritchie Balmer, Rory Murphy                                                                                            +44 (0) 20 7409 3494

 Arden Partners plc (Broker)

 Equity Sales: James Reed-Daunter                                                                                       +44 (0) 20 7614 5900

 

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