REG - SIMEC AtlantisEnergy - Directorate Change

SIMEC Atlantis EnergyAnnouncement

27/07/2020 07:00

For best results when printing this announcement, please click on link below:
http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200727:nRSa0892Ua

RNS Number : 0892U  SIMEC Atlantis Energy Limited  27 July 2020

The information contained in this announcement is inside information under the
Market Abuse Regulation (EU) No 596 / 2014. The person responsible for
arranging the release of this announcement on behalf of SIMEC Atlantis Energy
Limited is Tim Cornelius, Chief Executive Officer of SIMEC Atlantis Energy
Limited.

 

27 July 2020

 

SIMEC ATLANTIS ENERGY LIMITED

("Atlantis", the "Company" or the "Group")

 

Directorate Change

 

SIMEC Atlantis Energy, the global developer, owner and operator of sustainable
energy projects, announces that Ian Wakelin, Non-executive Director and Chair
of the Audit Committee, has resigned from the Board of Atlantis having
accepted the role of Chairman of Viridor Group, a British waste company.

 

Mr Wakelin will leave the Company's Board in October and will in the interim
assist the transition of the Audit Committee to a new chair.

 

Atlantis has begun the search for a suitable replacement and a further
announcement will be made in due course.

 

Ian Wakelin, Non-executive Director and Chair of the Audit Committee
commented:

 

"I have thoroughly enjoyed my time working with the talented team at Atlantis
on the groundbreaking Uskmouth project and the rest of their exciting
portfolio under development. I am stepping down to prevent any future
conflicts of interest given my new role at Viridor, however I look forward to
monitoring progress closely and to watching the Company flourish".

 

John Neill, Chairman of Simec Atlantis, commented:

 

"I am delighted for Ian on his appointment as Chairman for the Viridor Group
and on behalf of the Atlantis Board, wish him well. I would like to thank him
for his service, contributions and leadership over the past two years.

 

He has been invaluable in providing guidance to management and fellow board
members and has put Atlantis in a very strong position to successfully
complete the conversion of its flagship project, Uskmouth and to continue to
pioneer and deliver sustainable energy projects across the globe."

 

 

 

For more information, please contact:

 

 SIMEC Atlantis Energy Limited                          Tel: +44 (0) 7739832446

 Sean Parsons, Director of External Affairs

 Investec Bank plc (Nominated Adviser and Sole Broker)  Tel: +44 (0) 20 7597 5970

 Jeremy Ellis

 Sara Hale

 Ben Griffiths

 FTI Consulting                                         Tel: +44 (0) 20 3727 1000

 Ben Brewerton

 Caroline Cutler

 Chris Laing

 

SIMEC Atlantis Energy

SIMEC Atlantis Energy is the global developer, owner and operator of
sustainable energy projects with a diverse portfolio in various stages of
development. This includes a 77% stake in the world's largest tidal stream
power project, MeyGen,100% ownership of the 220MW Uskmouth power station
conversion project and 100% ownership of Green Highland Renewables, a leading
developer of mini-hydro power projects.

www.simecatlantis.com (http://www.simecatlantis.com)

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.   END  BOAPPUAAMUPUGQQ