Volga Gas PLC Directorate Change (4725V)

TIDMVGAS

RNS Number : 4725V

Volga Gas PLC

03 December 2019

3 December 2019

VOLGA GAS PLC

Directorate Change

Volga Gas plc ("Volga Gas", the "Group" or the "Company"), the oil and gas exploration and production group operating in the Volga region of Russia, announces a change in its directorate.

Ronald Freeman has advised the Board that after 13 years of service as an independent non-executive director of the Company he wishes to retire with effect of 31 December 2019.

The Company has commenced a search process for another independent director to replace Mr. Freeman and a further announcement relating to the appointment will be made as soon as possible.

Mikhail Ivanov, Chairman of Volga Gas, commented:

"On behalf of the Board of Volga Gas I would like to express our warmest appreciation to Ron for the support, guidance and wise counsel he has given the Company for so many years. He has been a key member of the Board since the Company's foundation and apart from being a valued colleague has also been a kind friend to all of us."

For additional information please contact:

 
 Volga Gas plc 
                                                +7 (985) 921 8916 
 Mikhail Ivanov, Chairman                        +7 (903) 385 9889 
  Andrey Zozulya, Chief Executive Officer        +7 (905) 381 4377 
  Vadim Son, Chief Financial Officer             +44 (0) 7824 884 
  Tony Alves, Investor Relations Consultant      342 
 
                                                +44 (0) 20 3470 
 S.P. Angel Corporate Finance LLP                0470 
 Richard Redmayne, Richard Morrison, Richard 
  Hail 
 
                                                +44 (0) 20 3727 
 FTI Consulting                                  1000 
 Alex Beagley, Fern Duncan

Editors' notes:

Volga Gas is an independent oil and gas exploration and production company operating in the Volga region of European Russia. The Company has 100% interests in its five licence areas.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

BOAUOVWRKSAURRA

(END) Dow Jones Newswires

December 03, 2019 04:00 ET (09:00 GMT)

Volga Gas (LSE:VGAS)
Historical Stock Chart
From Apr 2024 to May 2024