Jubilant Energy N.V. Result of EGM and Appointment of CEO (0846O)

TIDMJUB

RNS Number : 0846O

Jubilant Energy N.V.

16 September 2013

16 September, 2013

Jubilant Energy N.V.

("Jubilant" or the "Company")

Result of EGM and Appointment of Chief Executive Officer

Jubilant is pleased to announce that, at the Extraordinary General Meeting of the Company held today, the resolution for the appointmentof Mr Rakesh Jain as a Director of the Company for an initial period upto 11 August 2016, subject to the provisions of Jubilant Energy's Articles of Association, was put to the meeting and was duly passed.

Consequently, Mr Rakesh Jain has been appointed as an Executive Director and Chief Executive Officer of the Company.

Mr. S S Bhartia, Chairman of Jubilant Energy commented:

"We are delighted to welcome Mr Rakesh Jain as the Chief Executive Officer of the Company. He brings with him rich and varied business and management experience including over 20 years in the oil and gas industry, leading and transforming existing and new businesses.

"His appointment further deepens the industry expertise within the Company. I am confident that this appointment not only further strengthens the leadership in the Company but will also provide impetus as we embark upon the next stage of development and growth. We look forward to working with him."

Enquiries:

 
 Jubilant Energy     Vipul Agarwal               +91 120 4025700 
                    Callum Stewart, Adam 
 Panmure Gordon      James                       +44 20 7886 2500 
                   ---------------------------  ----------------- 
                    David Simonson, Alexandra 
 College Hill        Roper                       +44 20 7457 2020 
                   ---------------------------  -----------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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