Business
Non-Executive Director Appointment
Non-Executive Director Appointment.
About this update from Angus Energy Plc
[{"type":"text","content":"\n\nTHE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n19 June 2024\n \nAngus Energy Plc\n(\"Angus Energy\", the \"Company\" or together with its subsidiaries, the \"Group\")\n(AIM:ANGS)\n \nNon-Executive Director Appointment\n \nAngus Energy (Aim: ANGS) is pleased to announce that Antoine Vayner (\"New Director\") has joined the Board of Directors as a Non-Executive Director, representing the largest shareholder, Kemexon Ltd (\"Kemexon\").\n \nAntoine brings considerable experience in origination and execution of a variety of transactions in the energy space. He has previously worked for St James's Wealth Management, the Mirabaud Group, and IDCM (Finance and M&A advisory) in London, before taking a position in strategy and business development of the investment arm of Kemexon.\n \nAntoine's appointment reinforces Kemexon's commitment to Angus' growth and development. The combination of Kemexon's expertise and support should enable the Company to pursue various growth opportunities, both organic and inorganic, that have been identified.\n \nRichard Herbert, CEO of Angus, commented, \"the Board welcomes Antoine's appointment. This is part of the Angus growth story that was announced two months ago. We have delivered oil production at Brockham as we had indicated and are now looking at some inorganic acquisitions. We believe the combination of Angus and Kemexon will be an important part of delivering the Angus growth strategy\".\n \nAntoine Tom Alexander Vayner, aged 35, is, or has, during the last five years been a director or partner of the following companies and partnerships:\n \nCurrent:\nCelest Invest S.A.R.L\n \nFormer:\nNone\n \nOther than as disclosed above, there are no further disclosures to be made in accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies.\n \nKemexon currently holds 981,195,515 Ordinary Shares in the Company representing 22.19% of the Company's is...