OPG Power Ventures - Directorate Change

OPG Power Ventures

19/02/2021 14:00

RNS Number : 7520P

OPG Power Ventures plc

19 February 2021

 

19 February 2021

 

OPG Power Ventures plc

("OPG" or the "Company")

 

Directorate Change

 

OPG Power Ventures plc (AIM: OPG), the developer and operator of power generation plants in India, announces the re-appointment of Mike Grasby, as a non-executive director, with immediate effect.

 

Mr Grasby was a non-executive director of the Company from admission to AIM in May 2008 until November 2019 and has previously held a number of senior positions in the UK and international power sector.

 

Mr Grasby was a non-executive director at Drax Group plc from December 2003 to April 2011. He retired from International Power in 2002, where he held a senior vice president position for global operations. During his career he has held a number of senior positions in the UK and international power industry with the Central Electricity Generating Board and National Power. He was manager of Drax Power Station between 1991 and 1995, and director of operations for National Power's portfolio, with responsibilities for over 16,000 MW of generating capacity, until 1998. Following the demerger of National Power in 1999, he joined International Power as senior vice-president, continuing with his international directorships and leading a major consortium in the Czech Republic. Mr Grasby has experience of being a director of power companies in Portugal, Turkey and Pakistan. Mr Grasby was a founder director of Strategic Dimensions, an executive recruitment business for technical, general and financial management roles in the energy, process and engineering sectors. He is a Chartered Engineer, FIET and FIMechE.

 

In addition to his appointment to the OPG Board, Patrick Michael Grasby, aged 77, has held the following directorships and/or partnerships in the past five years:

 

Current Directorships/Partnerships
Past Directorships/Partnerships
Nizels Residential Management Co Ltd
Powerserve Support Limited
TJ Supporters Club Limited
None

 

Mr Grasby holds 11,233 Ordinary Shares in the Company representing 0.002 per cent. of the Company's issued share capital. There are no further disclosures to be made pursuant to Schedule 2 paragraph (g) of the AIM Rules.

 

For further information, please visit www.opgpower.com or contact:

OPG Power Ventures PLC
+44 (0) 78 2734 1323
Dmitri Tsvetkov
Cenkos Securities plc (Nominated Adviser & Broker)
+44 (0) 20 7397 8900
Russell Cook / Stephen Keys
Tavistock (Financial PR)
Simon Hudson / Nick Elwes
+44 (0) 20 7920 3150

 

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