REG - Synergia Energy Ltd - Appointment of Executive Director

Synergia EnergyAnnouncement

02/04/2024 07:00

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RNS Number : 8105I  Synergia Energy Ltd  02 April 2024

RNS Announcement

 

2 April 2024

 

AIM: SYN

Appointment of Executive Director

 

Synergia Energy Ltd ("Synergia Energy" or the "Company") is pleased to
announce the appointment of Mr Ashish Khare as an Executive Director of
Synergia Energy, finalised effective today, having served as Synergia's Head
of India Assets since 2016.

A qualified Chemical Engineer with training in Petroleum Management, Ashish
has held key positions in prominent companies in India, including Reliance
Petroleum, Enron LNG and Cairn India. His extensive experience spans across
different sectors within the industry, including upstream oil and gas
exploration and production, as well as midstream (LNG and gas network) and
downstream (Refineries and Petrochem) project implementation.

 

Synergia Energy CEO, Mr Roland Wessel, said:

"Ashish possesses a wealth of knowledge and expertise accumulated over more
than two decades in the Indian petroleum industry. Since 2015, Ashish has
steered the Company's Indian business through various challenges with skill
and determination. Ashish was instrumental in the resumption of the Cambay
field production in 2022 and the recent Farm Out Agreement with Selan
Exploration. I am delighted to welcome Ashish to the Synergia Energy board of
directors."

 

Further information on Ashish Khare as required in accordance with Schedule
2(g) of the AIM Rules for Companies:

Ashish Khare, aged 51

 Current Directorships / Partnerships      Past Directorships / Partnerships (last 5 years)
 Merlion Energy Resources Private Limited  NIL

 

On 4 April 2023, Mr Ashish Khare was issued 16,255,208 unlisted nil-cost
options in Synergia Energy in accordance with the Company's short-term
incentive plan. The options are exercisable on or before 1 April 2028.

There is no other information that is required to be disclosed pursuant to
paragraph (g) of Schedule Two to the AIM Rules for Companies.

 

For and on behalf of Synergia Energy Ltd

 

 

 

Roland Wessel

CEO

 

 

 

For further information, please contact:

 

 Investor Enquires           AIM Joint Broker                            AIM Joint Broker               AIM Nominated Adviser          Media Enquires (UK)

 Synergia Energy Ltd         Panmure Gordon (UK) Ltd                     Novum Securities               Strand Hanson Limited          Vigo Consulting

 Briana Stayt                Broker                                      Broker                         Nominated Adviser              Investor Relations

 Investor Relations          Mark Murphy / Hugh Rich / Freddie Wooding   Colin Rowbury                  Ritchie Balmer / Rory Murphy   Patrick d'Ancona / Finlay Thomson

 Email:                      Tel: +44 (0)20 7886 2500                    Email:                         Tel: +44 20 7409 3494          Email:

 bstayt@synergiaenergy.com   UK                                          crowbury@novumsecurities.com   UK                             patrick.dancona@vigoconsulting.com

 Tel: +61 8 9485 3200                                                    Tel: +44 20 7399 9427                                         finlay.thomson@vigoconsulting.com

 Australia                                                               UK                                                            Tel:+ 44 20 7390 0230

                                                                                                                                       UK

 

 

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