Andalas Energy and Power Plc Resignation of Director
04 April 2019 - 5:00PM
UK Regulatory
TIDMADL
4 April 2019
Andalas Energy and Power Plc
('Andalas' or the 'Company')
Resignation of Director
Andalas Energy and Power Plc (AIM: ADL) announces the resignation of Dan
Jorgensen as Finance Director of the Company with immediate effect. Dan is
leaving to pursue other private commercial opportunities. He will assist the
Company by providing on-going support as it transitions to a new arrangement,
as detailed below.
FIM Capital Limited, the Company's administrator, will take up the financial
management functions which Dan had been responsible for whilst Graham Smith, a
non-executive director of Andalas and the CEO of FIM Capital Limited, will
assume responsibility for finance on the Board.
Simon Gorringe, CEO of Andalas Energy and Power PLC said: "I would like to
thank Dan for his support and commitment over the last few years. He has been
a key member of our management team and will be sorely missed. We wish him the
very best in his future endeavours."
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 ('MAR). Upon the publication of this announcement via a
Regulatory Information Service ('RIS'), this inside information is now
considered to be in the public domain.
For further information, please contact:
Simon Gorringe Andalas Energy and Power Plc Tel: +44 1624 681250
Graham Smith Andalas Energy and Power Plc Tel: +44 1624 681250
Roland Cornish/ Beaumont Cornish Limited Tel: +44 20 7628 3396
James Biddle (Nominated Adviser)
Colin Rowbury Novum Securities Limited Tel: +44 207 399 9427
(Joint Broker)
Christian Optiva Securities Limited Tel: +44 20 3411 1881
Dennis (Joint Broker)
Stefania Cassiopeia Services Ltd Stefania@cassiopeia-ltd.com
Barbaglio
END
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