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RNS Number : 2977D Oneiro Energy PLC 06 September 2024
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION
11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310
6 September 2024
Oneiro Energy plc
("Oneiro" or the "Company")
Directorate Change
Oneiro (LSE:ONE), the LSE-quoted Company focussed on energy transition,
announces that Rod Murray and Rob Jones are today stepping down from the board
of directors of the Company (the "Board") in order to focus on their other
business interests.
When the Company first formed, the Board believed the best opportunities for
acquisition lay within the natural gas sector, however, the Board also
considered the energy metals space attractive, as demonstrated with the
announcement on 21 June 2024 of the Company's intention to acquire Switch
Metals. Both Rod and Rob have spent their careers in the oil and gas sector
and wish to continue to be involved in the gas transition phase, thus they
have agreed with their fellow Board members to step down.
Andy Yeo, Chairman, commented, "I would like to express my deep gratitude for
the efforts of Rod and Rob in founding the Company, completing the IPO and
progressing to the stage where we have identified a suitable acquisition. With
the Company advancing to its next stage of development in the exciting arena
of energy metals, now is a sensible time for them to step away. I wish them
all success in their future endeavours."
Oneiro Energy plc
Andy Yeo, Non-Executive Chairman c/o Allenby Capital Limited
+44 (0) 20 7469 0930
Allenby Capital Limited (Financial Adviser)
Nick Harriss / Alex Brearley / Lauren Wright
+44 (0) 20 3328 5656
Peterhouse Capital Limited (Broker)
Lucy Williams / Duncan Vasey
+44 (0) 20 7469 0930
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