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ENQ Enquest Plc

15.64
0.26 (1.69%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Enquest Plc LSE:ENQ London Ordinary Share GB00B635TG28 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.26 1.69% 15.64 15.48 15.64 15.54 15.14 15.28 2,281,282 16:35:02
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 1.58B -30.83M -0.0167 -9.27 285.37M

EnQuest PLC Directorate Change

28/03/2024 7:00am

RNS Regulatory News


RNS Number : 6173I
EnQuest PLC
28 March 2024
 

ENQUEST PLC

28 March 2024

 

Director Changes

 

EnQuest PLC ('EnQuest') is delighted to announce the appointment of Rosalind Kainyah MBE to the Board of Directors with effect from 30 May 2024, subject to shareholder vote at the Company's 2024 Annual General Meeting ('AGM') on that date. It also reconfirms, as announced on 7 December 2023, that Jonathan Copus, Chief Financial Officer, will be recommended for election to the Board as an Executive Director at the AGM.

 

EnQuest also announces that Liv Monica Stubholt and Rani Koya have notified the Board of their intention to step down as Non-Executive Directors at the Company's AGM. Liv Monica has served a full three-year term of office at EnQuest and wishes to focus on her Norwegian portfolio, while Rani wishes to focus on other commitments.  

 

In addition, Executive Director and CEO of Veri Energy, Salman Malik, will be stepping down from the EnQuest Board to devote his time to Veri Energy, a wholly owned subsidiary of EnQuest. Veri Energy intends to leverage EnQuest's capabilities to progress decarbonisation and new energy projects at scale, including carbon capture and storage, green hydrogen, and electrification through renewable power at the Sullom Voe Terminal, on Shetland.

 

The Board is seeking to appoint a further Non-Executive Director and will provide an update when appropriate.

 

Rosalind Kainyah, MBE

Rosalind has over 30 years of international, legal, operational, executive and board experience in a variety of sectors, including energy, oil and gas, mining, infrastructure, private equity, financial services and manufacturing. She has worked across Africa, Europe, the Americas, Asia and the South Pacific for companies and organisations, including Linklaters, Anglo American, De Beers, Tullow Oil plc, the United Nations Environment Programme, University of Oxford's Environmental Change Unit and ERM.

 

Rosalind is the founder and director of Kina Advisory Limited, and also a non-executive director of discoverIE plc, Gem Diamonds Limited and WE Soda, a private company.

 

Rosalind will join the Remuneration Committee as Chair.

 

Rosalind said: "I'm excited to be joining the Board of EnQuest and very much look forward to working with the Company as it continues its energy transition journey."

 

Commenting on today's announcement, Gareth Penny, Chairman, said:

"On behalf of the Board, I am thrilled to welcome Rosalind to EnQuest and look forward to working with her over the coming years. Her experience and expertise will, I'm sure, prove to be extremely beneficial to the Company as it continues its journey through the energy transition.

 

I would also like to thank both Liv Monica and Rani for their contribution to EnQuest and wish them well for the future. Both have been of huge support to the Company during their tenures. I will continue to collaborate with Salman as he grows Veri Energy."

 

 

This announcement is made pursuant to paragraph 9.6.11R of the Listing Rules of the UK Listing Authority ('UKLA').

 

 

Ends

 

For further information please contact:

 

EnQuest PLC

Tel: +44 (0)20 7925 4900

Amjad Bseisu (Chief Executive Officer)

 

Chris Sawyer (General Counsel and Company Secretary)

 

Craig Baxter (Head of Investor Relations)

 


 

Teneo

Tel: +44 (0)20 7353 4200

Martin Robinson

 

Harry Cameron

 

 

Notes to editors

ENQUEST

EnQuest is providing creative solutions through the energy transition. As an independent energy company with operations in the UK North Sea and Malaysia, the Group's strategic vision is to be the partner of choice for the responsible management of existing energy assets, applying its core capabilities to create value through the transition.

EnQuest PLC trades on the London Stock Exchange.

Please visit our website www.enquest.com for more information on our global operations.

Forward-looking statements: This announcement may contain certain forward-looking statements with respect to EnQuest's expectations and plans, strategy, management's objectives, future performance, production, reserves, costs, revenues and other trend information. These statements and forecasts involve risk and uncertainty because they relate to events and depend upon circumstances that may occur in the future. There are a number of factors which could cause actual results or developments to differ materially from those expressed or implied by these forward-looking statements and forecasts. The statements have been made with reference to forecast price changes, economic conditions and the current regulatory environment. Nothing in this announcement should be construed as a profit forecast. Past share performance cannot be relied upon as a guide to future performance.

 

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
 
 
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