REG - Empyrean Energy PLC - Board Restructure

Empyrean EnergyAnnouncement

22/08/2024 09:15

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RNS Number : 4292B  Empyrean Energy PLC  22 August 2024

This announcement contains inside information

 

Empyrean Energy Plc / Index: AIM / Epic: EME / Sector: Oil & Gas

 

Empyrean Energy plc

 

Board Restructure

 

22 August 2024

 

Empyrean Energy plc ("Empyrean" or the "Company"), the oil and gas development
company with interests in China, Indonesia and the United States, advises that
Dr Patrick Cross has stepped down as Non-Executive Chairman of the Company,
effective immediately. Existing Non-Executive Director Mr John (Spencer)
Laycock has assumed the position of Non-Executive Chairman.

Dr Cross will remain on the Board as a Non-Executive Director.

 

Empyrean CEO, Tom Kelly, stated:

 

"On behalf of the board of Empyrean, I would like to express our deep
gratitude to Dr Patrick Cross for serving as our Chairman over the past 20
years. Dr Cross has been Chairman of Empyrean prior to our inclusion on LSE
AIM and has been a dedicated and loyal contributor to the Company and the
board of directors. On a personal note, I would like to thank Patrick for all
of his invaluable contributions over the time he has assisted Empyrean and
especially for his  friendship that I cherish and I know the rest of the team
at Empyrean are grateful for. Despite the reduced responsibility, we sincerely
hope that Dr Cross will continue on as a valued member of the Empyrean team.

 

 

For further information please contact the following:

 

 Empyrean Energy plc                                               Tel: +61 6146 5325
 Tom Kelly

 Cavendish Capital Markets Limited (Nominated Advisor and Broker)  Tel: +44 (0) 20 7220 0500
 Neil McDonald

 Pearl Kellie

 Novum Securities Limited  (Joint Broker)                          Tel: +44 (0)20 7399 9400

 

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