Business
Board Change
Board Change.
About this update from Afentra Plc
[{"type":"text","content":"\n RNS Number : 7595U Sterling Energy PLC 30 June 2009 \n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION\n\n\n30 June 2009\n\nSTERLING ENERGY PLC\n('Sterling' or the 'Company')\n\nBoard Change\n\n\nSterling (symbol: SEY), is an AIM listed independent oil & gas exploration and production company with interests in the Gulf of Mexico, Africa and the Middle East.\n\nIn September 2008, it was announced that Mr. Harry Wilson, Executive Deputy Chairman and former CEO, would leave the Company no later than the end of September 2009. Having decided not to stand for re-election at today's AGM, Mr. Wilson will today step down from the Company's Board of Directors. Harry will continue to act as an advisor to the Board. \n\n\n\nEnquiries\n\n Sterling Energy Plc (+44 20 7405 4133) Web site: www.sterlingenergyplc.com \nDick Stabbins, Chairman\nGraeme Thomson, CEO\n\nEvolution Securities (+44 20 7071 4300)\nRob Collins \nChris Sim\n\nN M Rothschild & Sons Limited (+44 20 7280 5000)\nNeeve Billis\n\nCitigate Dewe Rogerson (+44 20 7638 9571)\nMartin Jackson\nGeorge Cazenove\n\n\n\n\n \nDealing Disclosure Requirements\n\nUnder the provisions of Rule 8.3 of the Takeover Code (the 'Code'), if any person is, or becomes, 'interested' (directly or indirectly) in 1% or more of any class of 'relevant securities' of STERLING, all 'dealings' in any 'relevant securities' of that company (including by means of an option in respect of, or a derivative referenced to, any such 'relevant securities') must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which any offer (if made) becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an 'interest' in 'relevant securities' of STERLING, th...