REG - San Leon Energy PLC - Directorate change

San Leon EnergyAnnouncement

08/12/2020 07:00

RNS Number : 8383H
  
San Leon Energy PLC
  
08 December 2020
  
 

 
 
8 December 2020
 
San Leon Energy plc
 
 ("San Leon" or the "Company")
 
Directorate change
 
 
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces that Linda Beal, a Non-Executive Director of the Company, has informed the Company that she has decided to step down from the Board with immediate effect.
 
The Company had previously announced that, following the appointment of Allenby Capital Limited as its nominated adviser, it proposed to appoint at least one new Non-Executive Director. San Leon confirms that its search is already well underway with a consultant appointed to advise the Company on suitable candidates and some preliminary interviews having already been conducted.  San Leon is fully committed to best practice corporate governance and the Board's priority is to find candidates with the right mix of skills and experience to complement those of the other Directors.  The Board has put in place a rigorous process to assess this which is anticipated to be completed early in 2021.
 
 
Oisin Fanning, Chief Executive, commented:
 
"Linda has been an enormous asset to San Leon, frequently fulfilling a role that goes far beyond that of a conventional non-executive in the assistance she has given us on our annual audits and ongoing financial planning.  I am very grateful to her for all the support she has given the Company and I wish her well in the future." 
 
 
 
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
Asha Chotai








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







 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
BOAZZMGZGNKGGZZ