Advisory Board
April 19 2010 - 5:00AM
UK Regulatory
TIDMGED
RNS Number : 3503K
Global Energy Development PLC
19 April 2010
Immediate Release
19 April 2010
GLOBAL ENERGY DEVELOPMENT PLC
(the "Company")
FORMATION OF ADVISORY BOARD
Global Energy Development PLC, the Latin America focused petroleum exploration
and production company (LSE-AIM: "GED"), is pleased to announce the formation of
an advisory board to be developed and led by Lord Freeman.
The advisory board is designed to widen the advice to the Company from mainly UK
based experienced and respected individuals. Members may include those familiar
with: the UK financial sector; best practice for a UK-listed but overseas
operational company; the political and economic future of Western Hemisphere oil
exploration companies; and the UK institutional investor sector. It is intended
that the advisory board will assist with long-term strategic planning, help with
industry relationships and raise awareness of the Company's activities and
plans.
In order for Lord Freeman to concentrate on the advisory board, he will not
stand for re-election as a Non-executive Director at the forthcoming Annual
General Meeting ("AGM") to be held on 14 May 2010, the notice for which is being
posted to shareholders today.
Mikel Faulkner, Chairman, commented:
"The advisory board will undoubtedly be an asset to the Company and I am
delighted that Lord Freeman is spearheading its development, especially given
his qualifications as outlined in the Annual Report and Accounts 2009 made
available today."
For further information:
Global Energy Development PLC
+---------------------------------------+--------------------+
| Catherine Miles, Company Secretary | +44 (0)20 3178 |
| | 5156 |
+---------------------------------------+--------------------+
| www.globalenergyplc.com | +44 (0)7909918034 |
+---------------------------------------+--------------------+
Matrix Corporate Capital LLP
+---------------------------------------+--------------------+
| Alastair Stratton | +44 (0)20 3206 |
| | 7204 |
+---------------------------------------+--------------------+
| Tim Graham | +44 (0)20 3206 |
| | 7206 |
+---------------------------------------+--------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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