TomCo Energy PLC Appointment of Non-Executive Director (8010V)
April 19 2021 - 2:00AM
UK Regulatory
TIDMTOM
RNS Number : 8010V
TomCo Energy PLC
19 April 2021
19 April 2021
TOMCO ENERGY PLC
("TomCo" or the "Company")
Appointment of Non-Executive Director
TomCo Energy plc (AIM: TOM), the US operating oil development
group focused on using innovative technology to unlock
unconventional hydrocarbon resources, is pleased to announce the
appointment of Louis Castro as a Non-Executive Director of the
Company with immediate effect.
Mr Castro has over 30 years' experience in investment banking
and in the oil and gas industry and was, at one time, Chief Finance
Officer at Eland Oil and Gas Limited, a shallow water offshore
Nigeria oil producer acquired by Seplat Petroleum Development
Company plc for GBP382 million in cash in December 2019.
Previously, he was Chief Executive of Northland Capital Partners in
London and formerly Head of Corporate Finance at Matrix Corporate
Capital.
He has chaired audit committees and remuneration and nomination
committees at several public companies, where he has also advised
on corporate governance. Mr Castro is currently Executive Chairman
of Orosur Mining Inc., and Non-Executive Director of The Stanley
Gibbons Group plc, Tekcapital plc and Predator Oil & Gas
Holdings plc.
Mr Castro started his career qualifying as a Chartered
Accountant with Coopers & Lybrand (now PwC), prior to working
for SG Warburg & Co. (now part of UBS).
He graduated from the University of Birmingham with a BSc &
B.Comm (Hons) in Production Engineering & Economics, before
completing a post graduate course in Production Management &
Methods at Cambridge University. He is a Fellow of the Institute of
Chartered Accountants in England & Wales and was formerly a
London Stock Exchange AIM Qualified Executive.
Commenting, John Potter, CEO of TomCo, said :
"I would like to welcome Louis on behalf of the Board. Louis
brings significant oil and gas industry experience, together with
relevant corporate finance and governance expertise that will
assist TomCo as we progress our plans and we look forward to
working closely with him."
Additional Information of the Director Appointment
The Company provides the following disclosures pursuant to AIM
Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for
Companies.
Louis Emmanuel Castro (aged 62)
Current directorships and partnerships:
-- Auric Global Ltd
-- Tekcapital plc
-- The Stanley Gibbons Group plc
-- Inception Energy Ltd
-- Oryx Management Limited
-- Hollingsworth Minerals Inc.
-- Orosur Mining (UK) Limited
-- Orosur Mining Inc.
-- Predator Oil & Gas Holdings plc
-- Veteran Capital Corp.
Past directorships and partnerships held over the last 5
years:
-- Ascent Resources plc
-- Hallwood Oil & Gas Inc.
-- Eland Oil & Gas Limited
-- Westport Oil Limited
-- Akonic Energy Limited
-- Jangada Mines plc
Note :
UK Companies House records indicate that Mr Castro's appointment
as an LLP Member to Matrix Corporate Capital LLP remains active,
however he resigned from this role in May 2011.
Louis has no direct or indirect interest in the Company's
ordinary shares.
There is no further information to be disclosed in relation to
Mr Castro's appointment pursuant to AIM Rule 17 and paragraph (g)
of Schedule Two of the AIM Rules for Companies.
Enquiries :
TomCo Energy plc
Malcolm Groat (Chairman) / John Potter (CEO) +44 (0)20 3823 3635
Strand Hanson Limited (Nominated Adviser)
James Harris / Matthew Chandler +44 (0)20 7409 3494
Novum Securities Limited (Broker)
Charlie Brook-Partridge / Jon Belliss +44 (0)20 7399 9402
IFC Advisory Limited (Financial PR)
Tim Metcalfe / Graham Herring +44 (0)20 3934 6630
For further information, please visit www.tomcoenergy.com .
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 as it forms part of
United Kingdom domestic law by virtue of the European Union
(Withdrawal) Act 2018.
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END
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