REG - Pharos Energy PLC - Appointment of Non-Executive Chair

Pharos EnergyAnnouncement

26/06/2025 07:00

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RNS Number : 4592O  Pharos Energy PLC  26 June 2025

Pharos Energy plc

("Pharos" or the "Company" or, together with its subsidiaries, the "Group")

Appointment of Non-Executive Chair

 

Pharos Energy plc, an independent energy company with assets in Vietnam and
Egypt, is pleased to announce the appointment of João Saraiva e Silva as
Non-Executive Chair with immediate effect, succeeding John Martin who
announced he would be stepping down from the Board at the Company's recent
AGM.

 

Based in London, João is an experienced energy professional with over 25
years of expertise in private equity and investment banking. He is currently a
Partner with Pamplona Capital Management, overseeing business development and
portfolio management initiatives across Europe. João began his career with
Goldman Sachs in London, advising major energy clients on high-profile M&A
and financing transactions. He later transitioned into principal investing,
holding senior leadership roles including Head of Energy & Infrastructure
Investments for EMEA and Asia-Pacific at Och-Ziff Capital Management, Managing
Director at Carlyle's $2.5bn International Energy Partners fund, Partner and
Head of Investments at L1 Energy and Investment Director at Seatankers. João
received his degree in Economics from the Nova University in Lisbon, Portugal
in 1999.

 

He is currently a Non-Executive Director on the Board of BlueNord ASA. He is
also a former Non-Executive Director of Flex LNG and Northern Ocean Limited.

 

João will serve as Chair of Pharos' Nominations and ESG Committees upon his
appointment. He holds 250,000 Pharos Energy plc shares at the time of
appointment.

 

 

Katherine Roe, CEO, said:

 

"We are delighted to welcome João to the Board. His expertise complements the
existing skills of the management team and will be of significant value as we
continue to execute our growth strategy. I would also like to thank John for
his significant contribution to the Company over many years."

 

João Saraiva e Silva, Chair, commented:

"Pharos has a solid portfolio of valuable assets and a highly capable team and
I am looking forward to working together to unlock the Company's full
potential."

 

 

This announcement has been made pursuant to the UKLR 6.4.8. The Company
confirms that there are no additional matters requiring disclosure under UKLR
6.4.8.

 

 

 

Enquiries

 

 

Pharos Energy plc
 
Tel: 020 7747 2000

Katherine Roe, Chief Executive Officer

Sue Rivett, Chief Financial Officer

 

Camarco
 
Tel: 020 3757 4980

Billy Clegg | Georgia Edmonds | Violet Wilson | Tamsin Howard

 

Notes to editors

Pharos Energy plc is an independent energy company focused on delivering
sustainable growth and returns to stakeholders, with a portfolio of stable
production, development and exploration assets in Vietnam and Egypt. Led by an
experienced team, Pharos is a cash generative business with a robust balance
sheet and an established platform to deliver both organic growth and inorganic
opportunities.

 

Pharos is listed on the Main Market of the London Stock Exchange. For further
information please visit www.pharos.energy.

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