Wentworth Resources PLC Appointment of Independent Non-Executive Director (8869F)
21 July 2021 - 4:00PM
UK Regulatory
TIDMWEN
RNS Number : 8869F
Wentworth Resources PLC
21 July 2021
21 July 2021
WENTWORTH RESOURCES PLC
("Wentworth" or the "Company")
Appointment of Independent Non-Executive Director
Wentworth (AIM: WEN), the independent, Tanzania-focused natural
gas production company , is pleased to announce the appointment of
Ms. Juliet Rugeiyamu Kairuki as an Independent Non-Executive
Director , with immediate effect.
Ms. Kairuki is a qualified lawyer, having completed her Bachelor
of Law at the University of Dar es Salaam and Masters of Law degree
at the University of Cape Town. Ms. Kairuki brings extensive public
and private sector experience in Tanzania and Sub-Saharan Africa
throughout her time at The Banking Association South Africa and
Tanzania Investment Centre as well as various consulting roles for
Finsys, Tanzania Bankers Association and the Central Bank of
Seychelles, amongst others. Ms. Kairuki is a member of the
Institute of Directors in South Africa. She recently served as
Non-Executive Director on the Board of Dar es Salaam Corridor
Group.
With over fifteen years of experience in strategic leadership,
institutional development, governance, project execution and
stakeholder management, Ms Kairuki's practice ranges from banking,
financial market infrastructure, public private partnerships and
investment.
Katherine Roe, CEO, commented:
"We are delighted to welcome Juliet to the Wentworth Board. With
an impressive track record in the public and private sector in
Tanzania and elsewhere in Africa, her regional expertise on
strategy, regulation and financing will bring further depth and
expertise as we continue to show our ongoing commitment to and
investment in Tanzania. It's an exciting time for the country as it
looks to accelerate its growth following the global pandemic. We
are committed to being a critical part of its story."
Juliet Kairuki, incoming Independent Non-Executive Director,
commented:
"Working with companies that play a positive and impactful role
on African lives and livelihoods has always inspired me in my
professional career. I am excited to work with Wentworth as the
Company empowers people with energy and creates shared value to
improve the lives of Tanzanian citizens, including women and youth.
Through a focus on long-term sustainable growth, responsible
environmental performance and good governance, I look forward to
working closely with my fellow Board members to grow the business.
Together we will work to empower local communities to thrive while
ensuring adherence to Tanzanian legislation and maintaining strong
corporate governance principles."
Ends
Enquiries:
Wentworth Resources Katherine Roe, katherine.roe@wentplc.com
Chief Executive Officer +44 (0) 7841 087 230
AIM Nominated Advisor and
Joint Broker
Callum Stewart
Stifel Nicolaus Europe Ashton Clanfield
Limited Simon Mensley +44 (0) 20 7710 7600
Joint Broker
Richard Crichton
Peel Hunt LLP Alexander Allen +44 (0) 20 7418 8900
Communications Advisor
Sara Powell
FTI Consulting Ben Brewerton +44 (0) 20 3727 1000
Juliet Rugeiyamu Kairuki
Juliet Rugeiyamu Kairuki (previous names: Juliet Kokutensa Rugeiyamu,
Juliet Rugeiyamu, Juliet Kokutensa Kairuki, Juliet Kairuki),
aged 46, has held the following directorships and/or partnerships
in the past five years:
Current Directorships/Partnerships Previous Directorships/Partnerships
Finsys Limited Dar es Salaam Corridor Group
------------------------------------
KMMJ Trading CC
------------------------------------
Tensa Capital Limited
------------------------------------
Save for the above, there is no further information required
to be disclosed under paragraph (g) of Schedule Two of the AIM
Rules for Companies, with respect to the appointment of Ms Juliet
Kairuki.
About Wentworth Resources
Wentworth Resources plc (AIM: WEN) is a leading, domestic natural
gas producer in Tanzania with a core producing asset at Mnazi
Bay in the onshore Rovuma Basin in Southern Tanzania. The power
demand base in-country is growing and with an ambitious universal
energy access target set by the Government for 2030, Wentworth
has a vital role to play in increasing access by ensuring a
reliable, affordable and growing supply of natural gas into
the local market. In 2019, Wentworth launched its sustainable
dividend policy and remains committed to responsible growth
that maintains returns for shareholders.
Inside Information
This announcement contains inside information for the purposes
of Article 7 of the UK version of Regulation (EU) No. 596/2014 on
Market Abuse ("UK MAR"), as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018, and Regulation
(EU) No. 596/2014 on Market Abuse ("EU MAR").
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END
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