REG - San Leon Energy PLC - Board changes

San Leon EnergyAnnouncement

07/05/2021 07:05

RNS Number : 8364X
  
San Leon Energy PLC
  
07 May 2021
  
 

 
 
 
7 May 2021
 
San Leon Energy plc
("San Leon" or the "Company")
 
Board changes
 
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, is pleased to announce that John Brown has joined the Board on 7 May 2021 as an independent Non-Executive Director.  Mr Brown has more than 20 years of international experience in oil and gas and related industries, including over nine years of experience with operations in West Africa. He is a Chartered Accountant (ICAS) and was Chief Financial Officer or Group Finance Director for numerous UK listed companies within the oil and gas sector including Gulf Marine Services plc, Bowleven plc and Pittencrieff Resources plc. Upon joining the Board, Mr Brown will chair the audit and risk committee and be a member of the nomination and remuneration committees.
 
The Company further announces that, as part of a corporate governance review previously announced and conducted in conjunction with its search for a new non-executive director, Alan Campbell, Director of Commercial & Business Development, will step down from the Board with immediate effect.  This has been facilitated as part of the Board's desire to rebalance the number of  executive directors and non-executive directors which, following Mr Brown's appointment, will now be three of each.  San Leon is committed to high standards of corporate governance and the Directors believe that this reorganisation is an important step to ensure the overall Board structure is suitable in light of the Company's requirements.
 
Mr Campbell will remain a member of the Company's executive management team and will continue in his role of leading San Leon's commercial and business operations.  He will also continue to act as Company Secretary.
 
Oisin Fanning, Chief Executive Officer, commented:
 
"We are delighted to welcome John to San Leon. His combination of oil and gas and financial experience will be invaluable to us as we continue to seek to grow San Leon's operations.
 
"I am also grateful to Alan for stepping down from his Board role at this time as part of our corporate governance restructuring.  Alan has been a key figure in the transformation and growth of the Company. He remains a core part of the team."
  
 
Enquiries:
 




San Leon Energy plc


+353 1291 6292




Oisin Fanning, Chief Executive


 




Allenby Capital Limited
(Nominated adviser and joint broker to the Company)


+44 20 3328 5656




Nick Naylor
Alex Brearley
 


 




Panmure Gordon & Co 
(Joint broker to the Company)


+44 20 7886 2500




Nick Lovering 


 




Brandon Hill Capital Limited
(Joint broker to the Company)


+44 20 3463 5000




Oliver Stansfield
Jonathan Evans


 




Tavistock
(Financial Public Relations)


+44 20 7920 3150




Nick Elwes
Simon Hudson


 




Plunkett Public Relations


+353 1 230 3781




Sharon Plunkett


 




 
 
 
AIM Disclosures:
 
In accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies, John Davies Brown, aged 56, is, or has been during the last five years, a director or partner of the following companies/partnerships:
 




Current directorships/partnerships


Directorships/partnerships held within the last five years




None


Gulf Marine Services (UK) Ltd
GMS Jersey HoldCo 1 Limited
GMS Jersey HoldCo 2 Limited
MENA Marine Limited
Gulf Marine Services LLC
Gulf Marine Middle East FZE 
GMS Global Commercial Investment LLC
Gulf Marine Services WLL
Offshore Holding Investment SA 
Offshore Logistics Investment SA 
Offshore Accommodation Investment SA 
Offshore Jack-up Investment SA 
Offshore Craft Investment SA 
Offshore Structure Investment SA 
Offshore Maritime Investment SA 
Offshore Tugboat Investment SA 
Offshore Boat Investment SA 
Offshore Kudeta Investment SA 
Offshore Endurance Investment SA 
GMS Enterprise Investments SA 
GMS Scirocco Investments SA 
GMS Shamal Investments SA 
GMS Sharqi Investments SA 
GMS Keloa Investment SA 
GMS Evolution Investment SA 
GMS Pepper Investment SA




John Brown does not currently hold any ordinary shares in the Company. 
 

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