Bowleven plc Board Appointment

RNS Number : 1110X

Bowleven plc

22 July 2024

 

 

 

 

22^nd July 2024

 

 

Bowleven plc ('Bowleven')

Board Appointment

                                                                                        

Bowleven plc ("Bowleven" or the "Company") announces that Mark Vermeulen has been appointed as a Non-Executive Director with immediate effect.

 

Mark is a partner, Chief Investment Officer and fund manager at Ophorst van Marwijk Kooy Vermogensbeheer NV ("OVMK"), a value-oriented investment firm focussed on both mid and small-cap equities in the UK, Hong Kong and Europe, and high-yield bonds. He has spent the last 15 years managing a range of international bond and value funds for OVMK, with significant exposure to oil & gas related investments. He has previously worked at Dresdner Bank as an analyst across a number of international equity funds. Mark is a CFA Charterholder.

 

Eli Chahin, CEO of Bowleven, commented:

"We are delighted to welcome Mark to the Board.  Mark brings his extensive financial, corporate and governance experience. His appointment is complementary to the existing Board as we together continue to focus on the overall strategy of establishing Etinde as the foremost project development in Cameroon."

 

Further information in accordance with Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies (the "AIM Rules") is set out at the end of this announcement.

 

ENQUIRIES

 

For further information, please contact:

 

Bowleven plc
Eli Chahin, Chief Executive	+ 44 20 3327 0150
Camarco (Financial PR)
Owen Roberts	+ 44 20 3757 4980
Hugo Liddy
Shore Capital (NOMAD and Broker)
Daniel Bush Rachel Goldstein	+ 44 20 7408 4090

 

 

 

 

Appendix - Rule 17 and Schedule Two (g) disclosures

 

Save for the information set out above and below, there are no further disclosures to be made in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules in respect of the appointment of Markus (Mark) Franciscus Antonius Vermeulen, aged 41. Mark does not hold a direct interest in the Company's ordinary share capital; however, OVMK, of which Mark is a partner and fund manager, manages an interest in 14,779,175 shares on behalf of its clients, representing 0.78% of the Company's total issued ordinary share capital (excluding shares held in treasury).

 

 

Current Directorships/Partnerships

Ophorst van Marwijk Kooy Vermogensbeheer NV

Podere Fignano SNC

 

Past Directorships/Partnerships (within 5 years)

N/A

 

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END

 

 

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