Igas Energy PLC Notification of Board Changes (0552G)
03 August 2016 - 4:01PM
UK Regulatory
TIDMIGAS
RNS Number : 0552G
Igas Energy PLC
03 August 2016
3 August 2016
IGas Energy PLC (AIM: IGAS)
("IGas" or "the Company")
Notification of Board Changes
IGas, a leading UK onshore oil and gas explorer and producer,
today announces the following Board and Board Committee changes
effective immediately.
Robin Pinchbeck will be stepping down from the Board as an
independent Non-executive Director having served on the Board for
over four years.
Mike McTighe will join the Board as Non-executive Deputy
Chairman and will become a member of the Audit and Remuneration
Committees.
Mike is currently Chairman of WYG Ltd, Jerrold Holdings Ltd,
Arran Isle Ltd and Gortmullan Holdings Ltd. Previously, he was on
the Board of Ofcom and has held a variety of non-executive director
roles in public and private companies over the last 18 years. Mike
has held a number of senior executive roles in international
businesses including Cable & Wireless, Philips, GE and
Motorola.
Commenting, Francis Gugen, IGas Chairman said:
"On behalf of the Board, I would like to thank Rob for his
valuable contribution and commitment to the Board and the Company
during his tenure and we wish him well for the future.
As we look to develop our assets, including our strategic shale
assets which have become even more important in light of Brexit,
the Board is always looking to broaden its experience and
industrial reach. Mike's appointment in this new role very much
reflects that ambition as we look to take the business forward
during this exciting but challenging phase for the industry and for
IGas. I welcome Mike and the wealth of experience he brings to our
Board and look forward to working with him."
Mike McTighe owns 250,000 shares in the Company representing
0.1%.
For further information please contact:
IGas Energy plc
Tel: +44 (0)20 7993 9899
Stephen Bowler, Chief Executive Officer
Ann-marie Wilkinson, Director of Corporate Affairs
Investec Bank plc (NOMAD and Joint Corporate Broker)
Tel: +44 (0)20 7597 4000
Sara Hale/Jeremy Ellis/George Price
Canaccord Genuity (Joint Corporate Broker)
Tel: +44 (0)20 7523 8000
Henry Fitzgerald-O'Connor
Vigo Communications
Tel: +44 (0)20 7830 9700
Patrick d'Ancona/Chris McMahon
Appendix
Full name (Age) Current Directorships Previous Directorships:
Robert Michael WYG Group plc Pace plc, UK
McTighe
(62) Arran Isle Nujira Ltd, UK
Ltd
Gortmullan Office of Communications,
Holdings Ltd UK Government
Jerrold Holdings Volex Group plc
Ltd
Quinn Life-Direct Betfair Group plc
Ltd
Postal Services Commission,
UK
JJB Sports plc
Aventas Manufacturing
Group LTD
Traitrealm Ltd
There are no further disclosures to be made in accordance with
paragraph (g) of Schedule Two of the AIM rules for Companies in
respect of Robert Michael McTighe's appointment.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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August 03, 2016 02:01 ET (06:01 GMT)