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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Coro Energy Plc | LSE:CORO | London | Ordinary Share | GB00BDCFP425 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.114 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Natural Gas Liquids | 6.71M | -4.12M | -0.0014 | -0.79 | 3.15M |
From May 2019 to May 2024
TIDMCORO
RNS Number : 3572R
Coro Energy PLC
28 February 2019
28 February 2019
Coro Energy plc
("Coro Energy" or the "Company")
Board Changes
Coro Energy, the South East Asian focused exploration and production company, today announces two changes to its Board of Directors.
The Company is delighted to announced that Andrew Dennan, Chief Financial Officer, will join the Board, subject
to regulatory approval. Andrew joined the Company in January 2018.
As recently appointed Chairman of PT Bank Muamalat Limited, Ilham Habibie has been required to rationalise his portfolio of non-executive directorships. Following the Company's second recent acquisition in Indonesia, the Company now has a robust platform in South East Asian from which to further expand. Mr Habibie has therefore decided it is now an appropriate time for him to step down from the Board of Coro Energy, effective 1 March 2019. Mr Habibie will continue to support the Company in an advisory capacity.
James Parsons, Chairman of the Board commented:
"We would like to thank Ilham for his wise council and significant contribution launching Coro Energy into South East Asia. We look forward to his ongoing support in an advisory capacity.
We also look forward to welcoming Andy Dennan to the Board and appreciate his continuing drive and expertise in further growing Coro Energy's business."
Further consideration is being given to Board composition and the Company expects to appoint an additional independent Non-Executive Director in due course.
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Coro Energy plc
Tel: 44 (0)20 3965 7917
James Menzies, Chief Executive Officer
Andrew Dennan, Chief Financial Officer
Grant Thornton UK LLP (Financial and Tel: +44 (0)20 383 5100
Nominated Adviser)
Colin Aaronson/Jen Clarke/Harrison
J Clarke
Mirabaud Securities Ltd (Joint Broker) Tel: 44 (0)20 3167 7221
Peter Krens/Ed Haig-Thomas
Turner Pope Investments (TPI) Ltd Tel: +44 (0)20 3621 4120
(Broker)
info@turnerpope.com
Ben Turner/James Pope
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.
END
BOAPGUAPPUPBUGR
(END) Dow Jones Newswires
February 28, 2019 02:03 ET (07:03 GMT)
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