REG - Kistos Holdings PLC - Directorate Change

Kistos HoldingsAnnouncement

02/10/2024 07:00

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RNS Number : 6215G  Kistos Holdings PLC  02 October 2024

02 October 2024

Kistos Holdings plc

("Kistos" or the "Company")

Directorate Change

Appointment of Deputy Chief Financial Officer

Kistos (LSE: KIST) is pleased to announce the appointment of James Thomson as
Deputy Chief Financial Officer with immediate effect. It is intended that Mr.
Thomson will become the Company's Chief Financial Officer and join the Board
of Directors on 1(st) January 2025 subject to the satisfactory completion of
due diligence by the Company's Nominated Adviser. He will do so after Richard
Slape steps down from the Board at the end of the year.

Mr. Thomson has worked in natural resources since March 2019, initially as
Finance Director of RockRose Energy and latterly in a senior finance role as
Head of Design & Implementation at Anglo American. Prior to that, Mr.
Thomson spent 14 years at PwC, the last four of which were as a Partner based
in Santiago, Chile. He qualified as a Chartered Accountant in 2007.

Commenting, Andrew Austin, Kistos' Executive Chairman, said:

"I am pleased to announce that James has agreed to join the Kistos Holdings
plc team and look forward to welcoming him onto the Board at the start of next
year. His knowledge and experience will be invaluable as we continue to grow
the business for the benefit of all stakeholders."

"I would like to express my gratitude to Richard, who has served on Kistos'
Board of Directors for the last three years. His contribution since joining
the Company has helped the business navigate the integration of its first
acquisition, as well as the subsequent expansion into two new countries and
into the gas storage industry."

ENDS

Enquiries:

 Kistos Holdings plc                                 via Hawthorn Advisors

 Andrew Austin / Peter Mann

 Panmure Liberum (NOMAD, Joint Broker)               Tel: 0207 886 2500

 James Sinclair-Ford / Dougie McLeod / Mark Murphy

 Berenberg (Joint Broker)                            Tel: 0203 207 7800

 Matthew Armitt / Ciaran Walsh

 Hawthorn Advisors (Public Relations Advisor)        Tel: 0203 745 4960

 Henry Lerwill / Simon Woods

 Camarco (Public Relations Advisor)                  Tel: 0203 7574980

 Billy Clegg

 

Notes to editors

Kistos plc was established to acquire and manage companies in the energy
sector engaging in the energy transition trend. The Company has undertaken a
series of transactions including the acquisition of a portfolio of highly cash
generative natural gas production assets in the Netherlands from Tulip Oil
Netherlands B.V. in 2021. This was followed in July 2022, with the acquisition
of a 20% interest in the Greater Laggan Area (GLA) from TotalEnergies, which
includes four producing gas fields and a development project. In May 2023,
Kistos completed its third acquisition, acquiring the total share capital of
Mime Petroleum and its Norwegian Continental Shelf Assets. These comprise a
10% stake in the Balder joint venture spanning Balder and Ringhorne oil
fields.

 

Kistos is a low carbon intensity gas producer with Estimated Scope 1 CO₂
emissions from its operated activities offshore of less than 0.01 kg/boe in
2022 (excluding necessary flaring during drilling campaigns).

https://kistosplc.com/ (https://kistosplc.com/)

 

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