Non Executive Directorate Change
July 23 2010 - 2:00AM
UK Regulatory
TIDMOHM
RNS Number : 7981P
Offshore Hydrocarbon Mapping PLC
23 July 2010
PRESS RELEASE
23th July 2010
Offshore Hydrocarbon Mapping plc ("OHM" or "the Company")
Non Executive Director Resignation
Offshore Hydrocarbon Mapping plc announces the resignation from the Board of
Directors of Thierry Le Roux. Thierry Le Roux is Executive Vice President
Technology at CGGVeritas. Under a Share Subscription Agreement signed in 2007,
CGGVeritas is entitled to Board representation as long as their shareholding is
greater than 10%. As a result of recent share placings, CGGVeritas' shareholding
in the Company has reduced to less than 10% and accordingly Thierry Le Roux has
tendered his resignation.
Dave Pratt, Offshore Hydrocarbon Mapping's Chairman, commented:
"Thierry joined OHM's Board in January 2008 at the time of CGGVeritas'
investment in OHM and over the last two and a half years the Board and
management have benefitted from his vast experience and wise counsel. On behalf
of the Board I would like to express my thanks to Thierry for his contribution
and wish him well in the future."
+--------------------------------------+--------------------------------------+
| Offshore Hydrocarbon Mapping plc | www.ohmsurveys.com |
+--------------------------------------+--------------------------------------+
| Dave Pratt - Chairman | 0870 429 6581 |
+--------------------------------------+--------------------------------------+
| Bob Auckland - Finance Director | 0870 429 6581 |
+--------------------------------------+--------------------------------------+
| | |
+--------------------------------------+--------------------------------------+
| KBC Peel Hunt (NOMAD and Broker) | |
+--------------------------------------+--------------------------------------+
| Julian Blunt/David Anderson | 020 7418 8900 |
+--------------------------------------+--------------------------------------+
| | |
+--------------------------------------+--------------------------------------+
| Aquila Financial Ltd (PR) | |
+--------------------------------------+--------------------------------------+
| Peter Reilly | 07881 920542 |
+--------------------------------------+--------------------------------------+
| | |
+--------------------------------------+--------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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