REG - SDX Energy PLC - Appointment of Non-executive Director

SDX EnergyAnnouncement

16/10/2024 07:00

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RNS Number : 2997I  SDX Energy PLC  16 October 2024

 

16 October 2024

 

SDX ENERGY PLC ("SDX" or the "Company")

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

SDX is pleased to announce the appointment of Alexander Craig as Non-Executive
Director with immediate effect.

 

Alex was a Director and Co-founder of Aleph Commodities Ltd ("Aleph"). His
expertise lies in commodities, infrastructure and asset management. Prior to
Aleph, Alex was a founding partner at Omikron Partners and Liberty Street
Partners, redeveloping distressed real estate and infrastructure projects.
Previously, he was Portfolio Manager at Tiverton Trading - a global macro and
commodities hedge fund. Alex holds a BA and MA from University College London.

 

Following the appointment of Alex to the Board, the Board will comprise three
independent Non-Executive Directors (including the Chairman), two Executive
Directors and one further Non-Executive Director, Alexander Craig, who is a
representative of Aleph and therefore not independent.

 

CEO Daniel Gould commented:

 

"I am pleased to welcome Alex to the Board as we continue to work diligently
and energetically to revitalise SDX and leverage the Company's unique
position, and I thank Aleph for its ongoing support, which is demonstrated by
the refinancing and upsizing of the Company's convertible loan."

 

Additional Information in respect of the AIM Rules

 

In accordance with Schedule 2(g) of the AIM Rules, Alexander Grenville Craig,
aged 44, holds or has held in the past 5 years the following directorships and
partnerships:

 

Current directorships/partnerships

AC International Services Ltd

Aleph Energy Ltd

Aleph International Holdings (UK) Ltd

Aleph Intertank Limited

Aleph New Energies Ltd

Aleph Saltfleetby Ltd

Flashrock Ltd

Omikron Holding A.E

Baltic Storage AB

 

Previous directorships/partnerships within the last 5 years

AC Downstream AB

Aleph Commodities Ltd

Aleph Opportunities I LLC

Tiverton Investments LLC

Tiverton Trading LLC

Wineberry Ltd

Intertank Nordic AB

Liberty Street Partners LLC

Tiverton Macro Fund LLC

 

There is no further information required to be disclosed in respect of the
above appointment pursuant to Rule 17 and Schedule 2 (g) of the AIM Rules for
Companies.

 

For further information:

 

 SDX Energy Plc

 Daniel Gould, Chief Executive Officer

 William McAvock, Chief Financial Officer

 Tel: +44 (0) 20 3219 5640

 Shore Capital (Nominated Adviser and Broker)

 Toby Gibbs/Harry Davies-Ball

 Tel: +44 (0) 20 7408 4090

 InHouseIR (Investor and Media Relations)

 Sarah Dees/Oliver Clark

 Email: sdx@inhouseir.com

 Tel: +44 (0) 7881 650 813 / +44 (0) 20 3239 1669

About SDX

For further information, please see the Company's website at
www.sdxenergygroup.com
(https://url.avanan.click/v2/___http:/www.sdxenergygroup.com/___.YXAxZTpzaG9yZWNhcDphOm86MDEzNTAyODI2ZTNhZWY5ZWM4YWU4MGY3MmNiNjhiMDc6Njo4MDY2OmIyZDJhNDdjNTNhNWU3Yjc5Y2VjZDQ5MzgxZTRkZWJlNTE2NjQyYTMwOTk0NmQwOGZjN2U4MWIyMzIxODExNjM6cDpU)
or the Company's filed documents at www.sedar.com
(https://url.avanan.click/v2/___http:/www.sedar.com/___.YXAxZTpzaG9yZWNhcDphOm86MDEzNTAyODI2ZTNhZWY5ZWM4YWU4MGY3MmNiNjhiMDc6NjplNWE4OjE1YTQ5NzZmMjEyMWQ5MjgyZjhkZjI1YmQzNmU3YzE3ODdlMWMyY2MwM2E4YjBiYTJmY2M3ODk2ZWE5MmI3YTM6cDpU)
.

 

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