Sound Energy PLC Board Change Update (9389I)
14 August 2019 - 4:02PM
UK Regulatory
TIDMSOU
RNS Number : 9389I
Sound Energy PLC
14 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 Tel: +44 (0)20 7390 0230
Patrick d'Ancona
Chris McMahon
Sound Energy questions@soundenergyplc.com
James Parsons, Chief Executive Officer
JJ Traynor, Chief Financial Officer
Cenkos Securities - Nominated Adviser Tel: +44 (0)20 7397 8900
David Jones
Ben Jeynes
Tel: +44 (0)20 7653 4000
RBC - Joint Broker
Matthew Coakes
Martin Copeland
Macquarie Capital (Europe) Limited Tel: +44 (0)20 3031 2000
- Joint Broker
Alex Reynolds
Nick Stamp
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END
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