Egdon Resources PLC Board Change (5951K)
April 11 2018 - 7:08AM
UK Regulatory
TIDMEDR
RNS Number : 5951K
Egdon Resources PLC
11 April 2018
11 April 2018
EGDON RESOURCES PLC
("Egdon" or "the Company")
Board Change
Egdon Resources plc (AIM:EDR) announces that Paul Jenkinson is
to step down from his role as a non-executive Director of the
Company with immediate effect. This follows his resignation from
the board of Alkane Energy Ltd ("Alkane") following its acquisition
by Infinis Energy Management Limited. Alkane holds 40,000,000
shares in Egdon Resources plc constituting a 15.39%
shareholding.
Commenting on Paul's resignation, Philip Stephens, the Chairman
of Egdon Resources said:
"On behalf of the Board I would like to offer my thanks to Paul
for his contribution to Egdon over the last two years".
For further information please contact:
Egdon Resources plc
Mark Abbott 01256 702 292
Buchanan
Ben Romney, Anna Michniewicz 020 7466 5000
Nominated Adviser and Broker - Cantor Fitzgerald Europe
David Porter/Nick Tulloch (Corporate Finance) 020 7894 7000
Caspar Shand Kydd / Alex Pollen (Sales)
Joint Broker - VSA Capital Limited
Andrew Monk (Corporate Broking) 020 3005 5000
Andrew Raca (Corporate Finance)
Notes to Editors:
Egdon Resources plc (LSE: EDR) is an established UK-based
exploration and production company focused on onshore exploration
and production in the hydrocarbon-producing basins of the UK.
Egdon holds interests in 43 licences in the UK and has an active
programme of exploration, appraisal and development within its
portfolio of oil and gas assets. Egdon is an approved operator in
the UK.
Egdon was formed in 1997 and listed on AIM in December 2004.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the
publication of this announcement via Regulatory Information Service
("RIS"), this inside information is now considered to be in the
public domain.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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