Vivo Energy PLC Directorate Change (5818D)
March 04 2022 - 2:00AM
UK Regulatory
TIDMVVO
RNS Number : 5818D
Vivo Energy PLC
04 March 2022
04 March 2022
Vivo Energy plc
LSE:VVO / JSE:VVO
Confirmation of appointment of Chief Executive Officer
Vivo Energy confirms that as part of an orderly succession
process, Stan Mittelman, who was announced as Chief Executive
Officer Designate in November 2021, has now been appointed as Chief
Executive Officer and joined the Board. His appointment took effect
on 3 March 2022.
Stan succeeds Christian Chammas, who has resigned from the Board
with effect from 3 March 2022, but will remain available to support
Stan over the coming months before retiring.
There are no other matters to disclose under Listing Rule 9.6.13
and further details relating to Stan's remuneration and Christian's
leaving arrangements can be found in the RNS released on 9 November
2021, and in the 2021 Annual Report due to be published on 9 March
2022, respectively.
Ends
Notes to editors:
Media contacts: Investor contact:
Vivo Energy plc Vivo Energy plc
Rob Foyle, Head of Communications Giles Blackham, Head of Investor
+44 7715 036 407 Relations
rob.foyle@vivoenergy.com +44 20 3034 3735
giles.blackham@vivoenergy.com
Tulchan Communications
Harry Cameron
+44 20 7353 4200
vivoenergy@tulchangroup.com
About Vivo Energy:
Vivo Energy operates and markets its products in countries
across North, West, East and Southern Africa. The Group has a
network of over 2,450 service stations in 23 countries operating
under the Shell and Engen brands and exports lubricants to a number
of other African countries. Its retail offering includes fuels,
lubricants, card services, shops, restaurants and other non-fuel
services. It provides fuels, lubricants and liquefied petroleum gas
(LPG) to business customers across a range of sectors including
marine, mining, construction, power, transport, wholesalers and
manufacturing. The Company employs around 2,700 people and has
access to over 1,000,000 cubic metres of fuel storage capacity and
has a joint venture, Shell and Vivo Lubricants B.V., that sources,
blends, packages and supplies Shell-branded lubricants.
For more information about Vivo Energy, please visit
www.vivoenergy.com
Forward-looking statements
This announcement includes forward-looking statements. These
forward-looking statements involve known and unknown risks and
uncertainties, many of which are beyond the Company's control and
all of which are based on the Directors' current beliefs and
expectations about future events. Forward-looking statements are
sometimes identified by the use of forward-looking terminology such
as: "believe", "expects", "may", "will", "could", "should",
"shall", "risk", "intends", "estimates", "aims", "plans",
"predicts", "continues", "assumes", "positioned", "anticipates" or
"targets" or the negative thereof, other variations thereon or
comparable terminology. These forward-looking statements include
all matters that are not historical facts. They appear in a number
of places throughout this report and include statements regarding
the intentions, beliefs or current expectations of the Directors or
the Group concerning, among other things, the future results of
operations, financial condition, prospects, growth, strategies of
the Group and the industry in which it operates.
No assurance can be given that such future results will be
achieved; actual events or results may differ materially as a
result of risks and uncertainties facing the Group. Such risks and
uncertainties could cause actual results to vary materially from
the future results indicated, expressed, or implied in such
forward-looking statements.
Such forward-looking statements contained in this report speak
only as of the date of this announcement. The Company and the
Directors expressly disclaim any obligation or undertaking to
update these forward-looking statements contained in the document
to reflect any change in their expectations or any change in
events, conditions, or circumstances on which such statements are
based, unless required to do so by applicable law.
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END
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