Empyrean Energy PLC Board Restructure

RNS Number : 4292B

Empyrean Energy PLC

22 August 2024

 

This announcement contains inside information

 

Empyrean Energy Plc / Index: AIM / Epic: EME / Sector: Oil & Gas

 

Empyrean Energy plc

 

Board Restructure

 

22 August 2024

 

Empyrean Energy plc ("Empyrean" or the "Company"), the oil and gas development company with interests in China, Indonesia and the United States, advises that Dr Patrick Cross has stepped down as Non-Executive Chairman of the Company, effective immediately. Existing Non-Executive Director Mr John (Spencer) Laycock has assumed the position of Non-Executive Chairman.

Dr Cross will remain on the Board as a Non-Executive Director.

 

Empyrean CEO, Tom Kelly, stated:

 

"On behalf of the board of Empyrean, I would like to express our deep gratitude to Dr Patrick Cross for serving as our Chairman over the past 20 years. Dr Cross has been Chairman of Empyrean prior to our inclusion on LSE AIM and has been a dedicated and loyal contributor to the Company and the board of directors. On a personal note, I would like to thank Patrick for all of his invaluable contributions over the time he has assisted Empyrean and especially for his  friendship that I cherish and I know the rest of the team at Empyrean are grateful for. Despite the reduced responsibility, we sincerely hope that Dr Cross will continue on as a valued member of the Empyrean team.

 

 

For further information please contact the following:

 

Empyrean Energy plc	Tel: [phone]
Tom Kelly
Cavendish Capital Markets Limited (Nominated Advisor and Broker)	Tel: [phone]
Neil McDonald Pearl Kellie
Novum Securities Limited  (Joint Broker)	Tel: [phone]

 

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 [e-mail] 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

 

 

BOAGRGDICUDDGSD