REG - UK Oil & Gas PLC - Board and Management Changes

UK Oil & GasAnnouncement

24/11/2021 15:05

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RNS Number : 4965T  UK Oil & Gas PLC  24 November 2021

UK Oil & Gas PLC

("UKOG" or the "Company")

 

Board and Management Changes

 

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that following
a thorough external recruitment process, Matt Gormley has joined UKOG as the
Company's Chief Financial Officer, a non-board position.

 

Matt Gormley was previously Group Financial Controller of Shanta Gold Limited
and an Audit Manager at Grant Thornton UK LLP.

 

With effect from 1 January 2022 the board will also be restructured. Kiran
Morzaria will step down as Finance Director and will become a Non-Executive
Director. Allen Howard will move from Non-Executive Chairman to become an
Executive Director of the Company on a part-time basis. Nick Marden Taylor
will become the Non-Executive Chairman.

 

Chief Executive Stephen Sanderson commented:

 

"We are delighted to welcome Matt Gormley into the UKOG team. His fresh
perspective from an alternate sector will be particularly valuable as UKOG
seeks to expand internationally and diversify into green geothermal and
hydrogen energy within the UK."

 

 

For further information, please contact:

 

UK Oil & Gas PLC

Stephen Sanderson / Kiran Morzaria
                        Tel: 01483 900582

 

W H Ireland Ltd (Nominated Adviser and Broker)

James Joyce / Andrew de
Andrade                                                          Tel:
020 7220 1666

 

Communications

Brian Alexander
 
                         Tel: 01483 900582

 

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