Andalas Energy and Power Plc Resignation of Director

 
TIDMADL 
 
4 April 2019 
 
                         Andalas Energy and Power Plc 
                         ('Andalas' or the 'Company') 
                            Resignation of Director 
 
Andalas Energy and Power Plc (AIM: ADL) announces the resignation of Dan 
Jorgensen as Finance Director of the Company with immediate effect.  Dan is 
leaving to pursue other private commercial opportunities.  He will assist the 
Company by providing on-going support as it transitions to a new arrangement, 
as detailed below. 
 
FIM Capital Limited, the Company's administrator, will take up the financial 
management functions which Dan had been responsible for whilst Graham Smith, a 
non-executive director of Andalas and the CEO of FIM Capital Limited, will 
assume responsibility for finance on the Board. 
 
Simon Gorringe, CEO of Andalas Energy and Power PLC said: "I would like to 
thank Dan for his support and commitment over the last few years.  He has been 
a key member of our management team and will be sorely missed.  We wish him the 
very best in his future endeavours." 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulations 
(EU) No. 596/2014 ('MAR).  Upon the publication of this announcement via a 
Regulatory Information Service ('RIS'), this inside information is now 
considered to be in the public domain. 
 
For further information, please contact: 
 
Simon Gorringe  Andalas Energy and Power Plc       Tel: [phone] 
 
Graham Smith    Andalas Energy and Power Plc       Tel: [phone] 
 
Roland Cornish/ Beaumont Cornish Limited           Tel: [phone] 
James Biddle    (Nominated Adviser) 
 
Colin Rowbury   Novum Securities Limited           Tel: [phone] 
                (Joint Broker) 
 
Christian       Optiva Securities Limited          Tel: [phone] 
Dennis          (Joint Broker) 
 
Stefania        Cassiopeia Services Ltd            [e-mail] 
Barbaglio 
 
 
 
END 
 

(END) Dow Jones Newswires

April 04, 2019 02:00 ET (06:00 GMT)