RNS Number : 9389I
Sound Energy PLC
14 August 2019
14 August 2019
Sound Energy plc
("Sound Energy" or the "Company")
Board Change Update
Sound Energy, the Moroccan focused upstream gas company, announced on 14 May 2019 that David Clarkson, a non-executive director of the Company, had informed the Company of his intention to step down from the Board on 13 August 2019 following a transitional period around the appointment of a new non-executive director. Following the appointment of Simon Davies as non-executive chairman of the Company on 23 May 2019, David Clarkson has resigned, as planned, as a director of the Company with immediate effect.
The Company also announces, further to the Company's announcement of 23 January 2018, that the Board has asked James Parsons, the Company's Chief Executive Officer, and he has agreed to remain in his current role whilst the Company continues to explore monetisation options available to the Company in respect of its Eastern Morocco portfolio. This marketing process is ongoing and the Company continues to expect the results to be known prior to the end of 2019.
For further information please contact:
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Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon
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Tel: 44 (0)20 7390 0230 |
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Sound Energy James Parsons, Chief Executive Officer JJ Traynor, Chief Financial Officer
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questions@soundenergyplc.com
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Cenkos Securities - Nominated Adviser David Jones Ben Jeynes
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Tel: 44 (0)20 7397 8900 |
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RBC - Joint Broker Matthew Coakes Martin Copeland
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Tel: 44 (0)20 7653 4000 |
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Macquarie Capital (Europe) Limited - Joint Broker Alex Reynolds Nick Stamp
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Tel: 44 (0)20 3031 2000 |
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