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PEC Prometheus Regs

4.00
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Prometheus Regs LSE:PEC London Ordinary Share COM SHS NPV (REGS)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Changes to the board

07/11/2007 7:01am

UK Regulatory


RNS Number:1540H
Prometheus Energy Co
07 November 2007



FOR IMMEDIATE RELEASE


                           Prometheus Energy Company
                        ("Prometheus" or the "Company")

                   Prometheus announces changes to the Board

November 7, 2007

Prometheus Energy, an alternative and renewable energy company, announces with
immediate effect the appointment of Thomas Michael Carbone as a Non-Executive
Director to the Board and the departure of Stuart Porter, who has been a
Non-Executive Director of the Board since the Company's earliest stages.

Mr. Carbone has over twenty-five years experience in business development, joint
ventures and mergers and acquisitions with focus on the renewable and
distributed energy sectors.   Tom has held leadership positions as President and
CEO of Vestas Americas A/S, a leading wind turbine manufacturer, and as CEO of
Warstila North America, a leading marine propulsion and power plant provider.
He is currently Managing Partner/Founder of Texas based Reliablenergy LLC.

Stanislas Yassukovich, Prometheus' Board Chairman, said:  "Stu has made a
significant contribution to our development to date. He leaves the Board with
our sincere thanks and very best wishes for his future activities.

"With his considerable experience in renewable energy, we are pleased to welcome
Tom to the Board.   This is a great opportunity to further develop the
significant leadership and guidance in the Company as we continue to drive the
business forward."

In relation to Schedule Two, paragraph (g) of the AIM Rules for Companies,
Thomas Michael Carbone is currently a Director of Envortus, Inc and each
individual subsidiary of Envortus, Reliablenergy LLC and Spira International
LLC.  In the past five years, he has also held Directorships at Vestas Americas
A/S and Warstilla North America.

There are no further disclosures required under the AIM Rules.

ENDS


This press release does not constitute an offer for the sale of securities in
the United States.  Prometheus' securities are restricted under US securities
laws and may not be offered or sold in the United States absent a registration
statement or a valid exemption from registration.


For further information:

Prometheus Energy Company                              +1 206 267 0800
Kirt Montague (Chief Executive Officer)
Jeff Spencer (Chief Financial Officer)
Jefferies International Limited                        +44 20 7618 3500
Charles Cameron

Oliver Griffiths
Cubitt Consulting                                      +44 20 7367 5100

Simon Brocklebank- Fowler
Michael Henman
Allison Reid



Notes to Editors

Prometheus Energy Company is a public corporation with its shares traded on the
London Stock Exchange's AIM market. It is headquartered in Seattle, Washington.
Prometheus is a global alternative and renewable fuel company, specialising in
the production, distribution, and sale of liquid natural gas (LNG) from low-cost
waste and stranded sources of methane.  The Company is an emerging leader in
distributed fuel production, integrating small-scale purification and
liquefaction systems that generate fuel near the end-user. For more information
concerning Prometheus please contact us at (206) 267-0800 or visit
www.Prometheus-Energy.com.










                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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