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IGAS Igas Energy Plc

14.89
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Igas Energy Plc LSE:IGAS London Ordinary Share GB00BZ042C28 ORD 0.002P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 14.89 14.80 14.98 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Igas Energy PLC Board Appointment (6242Z)

21/05/2019 7:02am

UK Regulatory


Igas Energy (LSE:IGAS)
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TIDMIGAS

RNS Number : 6242Z

Igas Energy PLC

21 May 2019

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.

21 May 2019

IGas Energy plc (AIM: IGAS)

("IGas" or the "Company")

Board Appointment

IGas is pleased to announce the appointment of Hans Årstad as a Non-executive Director of the Board with immediate effect, exercising the right of KKR to take a seat on the Board. KKR owns 14.7% of IGas through KOG Investments S.A.R.L.

Mr Årstad began his career at McKinsey & Company focusing on energy. He joined KKR in 2014 and is a Principal in KKR's European Private Equity team. Mr Årstad has been involved in a number of investments in a broad range of industries, including Visma, Ambea, Mehilainen, Välinge, Soderberg & Partners, and IGas.

Mike McTighe, Chairman said:

"The Board is delighted that Hans joins us as a Non-executive Director. Hans's strong background in finance and energy will bring a positive addition to the Board's discussions."

Hans Årstad added:

"KKR has followed IGas closely since we invested in 2016, and I look forward to joining the Board and working together with the wider team on the future development of IGas."

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:

Hans Fredrik Øveraasen Årstad (aged 32) has been a director of the following companies during the five years preceding the date of this announcement:

Current Directorships:

ACTOR SCA

ACTR Holding AB

KKR Actor Investor S.à.r.l.

KOG Investments S.à.r.l.

Restock BidCo AB

Restock HoldCo AB

Restock TopCo AB

Previous Directorships:

Ambea AB

Golvviken Newco AB

Mehilainen Oy

Trans European Oil & Gas Limited

Trans European Oil & Gas Luxco S.à.r.l.

For further information please contact:

IGas Energy plc

Tel: +44 (0)20 7993 9899

Stephen Bowler, Chief Executive Officer

Julian Tedder, Chief Financial Officer

Ann-marie Wilkinson, Director of Corporate Affairs

Investec Bank plc (NOMAD and Joint Corporate Broker)

Tel: +44 (0)20 7597 5970

Sara Hale/Jeremy Ellis/Neil Coleman

Canaccord Genuity (Joint Corporate Broker)

Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor

Vigo Communications

Tel: +44 (0)20 7390 0230

Patrick d'Ancona/Chris McMahon

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

BOASESFUSFUSELI

(END) Dow Jones Newswires

May 21, 2019 02:02 ET (06:02 GMT)

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