We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Advance Energy Plc | LSE:ADV | London | Ordinary Share | IM00BKSCP798 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.155 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMADV
RNS Number : 8534G
Advance Energy PLC
01 April 2022
1 April 2022
Advance Energy plc
("Advance Energy" or the "Company")
Directorate Change
Advance Energy ( AIM:ADV ), the energy company seeking growth through acquisition or farm-in to discovered upstream projects, announces that its CFO, Stephen West, has resigned from the Company as a Director with immediate effect.
Following Mr West's resignation, the Board will be comprised of four directors and the composition of the various Board committees will not be affected by his departure.
The Company retains FIM Capital Limited ("FIM") to provide accounting and company secretarial services to the Group. FIM is responsible to the Company for general accounting and bookkeeping, preparation of monthly group summary financial information, and preparation of consolidated full year accounts for review by the Company's auditors.
The Company remains focused on capitalising on the current deal pipeline built over the last year from the Board's extensive industry relationships.
Commenting on the update, Chairman Mark Rollins said:
"Advance is at an important juncture as it progresses new business ventures, and our focus is to convert a deal in the coming months. It is within this context that we have the right-sized organisation to maintain strict capital discipline while ensuring that we have the right balance of skills to develop the current deal pipeline.
"We thank Steve for his contribution and we will assess the requirement of a full-time CFO as our business development activities progress."
Enquiries:
Advance Energy plc Larry Bottomley (Interim CEO) +44 (0)1624 681 250 Strand Hanson Limited (Financial and Nominated Adviser) Rory Murphy / James Harris / James Bellman +44 (0)20 7409 3494 Buchanan (Public Relations) Ben Romney / Jon Krinks +44 (0)20 7466 5000 Tennyson Securities Limited (Joint Broker) Peter Krens / Ed Haig-Thomas +44 (0)20 7186 9030 Optiva Securities Limited (Joint Broker) Christian Dennis +44 (0)20 3411 1881
The 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 United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended).
For further information, please visit www.advanceplc.com and @advanceplc on Twitter
To register for Advance Energy's email alerts, please complete the following form: https://www.advanceplc.com/media-centre/news/#alerts
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
BOAGZGFFNMDGZZM
(END) Dow Jones Newswires
April 01, 2022 02:01 ET (06:01 GMT)
1 Year Advance Energy Chart |
1 Month Advance Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions