REG - Sound Energy PLC - Board Change Update
RNS Number : 9389ISound Energy PLC14 August 2019
14 August 2019
Sound Energy plc
("Sound Energy" or the "Company")
Board Change Update
Sound Energy, the Moroccan focused upstream gas company, announced on 14 May 2019 that David Clarkson, a non-executive director of the Company, had informed the Company of his intention to step down from the Board on 13 August 2019 following a transitional period around the appointment of a new non-executive director. Following the appointment of Simon Davies as non-executive chairman of the Company on 23 May 2019, David Clarkson has resigned, as planned, as a director of the Company with immediate effect.
The Company also announces, further to the Company's announcement of 23 January 2018, that the Board has asked James Parsons, the Company's Chief Executive Officer, and he has agreed to remain in his current role whilst the Company continues to explore monetisation options available to the Company in respect of its Eastern Morocco portfolio. This marketing process is ongoing and the Company continues to expect the results to be known prior to the end of 2019.
For further information please contact:
Vigo Communications - PR Adviser
Patrick d'Ancona
Chris McMahon
Tel: +44 (0)20 7390 0230
Sound Energy
James Parsons, Chief Executive Officer
JJ Traynor, Chief Financial Officer
questions@soundenergyplc.com
Cenkos Securities - Nominated Adviser
David Jones
Ben Jeynes
Tel: +44 (0)20 7397 8900
RBC - Joint Broker
Matthew Coakes
Martin Copeland
Tel: +44 (0)20 7653 4000
Macquarie Capital (Europe) Limited - Joint Broker
Alex Reynolds
Nick Stamp
Tel: +44 (0)20 3031 2000
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