REG - SIMEC AtlantisEnergy - SAE announces new CFO

SIMEC Atlantis EnergyAnnouncement

25/04/2022 17:30

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RNS Number : 2674J  SIMEC Atlantis Energy Limited  25 April 2022

 

 

 

RNS

25 April 2022

SIMEC ATLANTIS ENERGY LIMITED
("SAE", the "Company" and, together with its subsidiaries, the "Group")

 

SAE announces new CFO to drive forward the delivery of its projects

 

SAE is pleased to announce that Mr Simon Hirst has been appointed as an
Executive Director of the Company and will serve as the Group Chief Financial
Officer.

 

Mr Hirst has worked at SAE since 2015 and has primarily been responsible for
all financial and commercial aspects of the MeyGen project. Before joining
SAE, Mr Hirst gained international blue-chip corporate experience at a number
of organisations including ExxonMobil, Pepsi Cola, Iron Mountain and
international power generation company InterGen. Mr Andrew Charters has
resigned his position on the Board and has stepped down as CFO. He will remain
with the Group during a transition period. These changes are with immediate
effect.

 

SAE Chairman, Duncan Black commented:

 

"We are delighted to welcome Simon to the Board.  Simon brings a wealth of
experience and knowledge of the Group and our projects as well as a wealth of
very relevant external experience. This appointment follows his success in
helping MeyGen to secure the recently announced additional funding from
Scottish Enterprise and recognises the huge contribution he has made to the
Group to date. I would also like to thank Andrew for

his contributions to the Group and wish him well in his future endeavours."

 

 

AIM Rules Schedule 2(g)

 Full Name and Age                           Simon Matthew Hirst, age 54
 SAE Shareholding                            82,034 shares
 Previous Directorships in the last 5 years  MeyGen plc (current)

                                             MeyGen Holdings Limited (current)

 

There are no further relevant disclosures under Schedule 2(g) of the AIM
Rules.

For more information please contact:

 

 SIMEC Atlantis Energy Limited               +44 (0) 7739 832 446
 Sean Parsons, Director of External Affairs
 Investec Bank PLC - NOMAD and Joint Broker  +44 (0) 20 7597 5970
 Jeremy Ellis

 Ben Griffiths

 Arden Partners PLC - Joint Broker           +44 (0) 20 7614 5900

 Ruari McGirr

 Richard Johnson

 Simon Johnson

 

Notes to Editors

 

SIMEC Atlantis Energy

 

SAE is a global developer, owner, and operator of sustainable energy projects
with a diverse portfolio in various stages of development.

 

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

 

More on the MeyGen Project: https://simecatlantis.com/projects/meygen/
(https://simecatlantis.com/projects/meygen/)

More on the Uskmouth Project:
https://simecatlantis.com/project-development-operation/simec-uskmouth-power/
(https://simecatlantis.com/project-development-operation/simec-uskmouth-power/)

 

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