3Legs Resources plc Board Appointment (6337S)

TIDM3LEG

RNS Number : 6337S

3Legs Resources plc

04 December 2012

4 December 2012

3Legs Resources plc

Board Appointment

3Legs Resources plc (the "Company"), an independent oil and gas group focusing on the exploration and development of unconventional oil and gas resources, is pleased to announce the appointment of Richard Hills as a Non-Executive Director with immediate effect.

Richard (age 57) has over 30 years of experience in investment management and financial services, and is currently Head of Risk at Argyll Investment Services Ltd (Guernsey). Previously Richard has worked at a variety of large UK based investment management companies, including Aberdeen Asset Management Plc, as Head of UK equities and Chairman of the Investment Policy Committee, and Henderson Global Investors Plc, as Director of Henderson Administration Ltd, Henderson Pension Fund Management Ltd, Henderson International Inc. and a member of the Group Investment Policy Committee.

 
 Current directorships                    Directorships in the past five 
                                           years 
---------------------------------------  -------------------------------------- 
 Aberdeen New Dawn Investment Trust       Institute for Quantitative Investment 
  plc                                      Research Ltd 
  Henderson Global Trust plc               FairFX Plc 
  JP Morgan Income & Capital Investment    Caspen Oil & Gas 
  Trust plc 
  Phaunos Timber Ltd 
  Cinven Ltd and Associated Funds 
  Aztec Group Ltd 
  Lord Hanson Charitable Trust 
---------------------------------------  --------------------------------------

In accordance with AIM Rule 17, there is nothing further to disclose under Schedule Two, paragraph (g) of the AIM Rules for Companies.

Tim Eggar, Chairman of 3Legs Resources, said:

"I am delighted to welcome Richard to the board. His wealth of experience in the investment management and financial services spheres will bring additional insight to the 3Legs Board at this exciting and crucial period for the Company."

For further information contact:

 
 3Legs Resources plc                  Tel:    +44 1624 811 611 
 Kamlesh Parmar, Chief Executive 
  Officer 
 Alexander Fraser, Chief Financial 
  Officer 
 
 Jefferies Hoare Govett               Tel:    +44 207 029 8000 
 Simon Hardy 
 Jamie Buckland 
 
 College Hill                         Tel:    +44 207 457 2020 
 Matthew Tyler 
 Catherine Wickman

Notes to Editors

3Legs Resources was established in early 2007 to focus on the exploration and development of unconventional oil and gas resources. A first mover in Poland, 3Legs Resources holds interests in six licences covering approximately 1,084,000 acres (gross) in the onshore Baltic Basin in northern Poland, a region considered to be one of the most promising shale basins in Europe. The Company also holds onshore exploration licences near Krakow in southern Poland and has licences in Baden-Württemberg in south-west Germany which are currently undergoing renewal.

The technical information and opinions contained in this announcement have been reviewed by John Blair (MSc in Geophysics, University of Tulsa and BSc in Geology from Montana State University), Exploration Manager of 3Legs Resources plc, who has over 25 years of experience in the oil exploration and production industry. He has consented to the inclusion herein of such technical information and opinions.

www.3legsresources.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCBIBDDLGGBGDX

3Legs Resources (LSE:3LEG)
Historical Stock Chart
From Jun 2024 to Jul 2024