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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Polemos | LSE:PLMO | London | Ordinary Share | GB00BZ1MJW42 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.70 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPLMO
RNS Number : 0945O
Polemos PLC
15 May 2018
15 May 2018
Polemos plc
("Polemos" or the "Company")
Board Change
The Company is pleased to announce the appointment of Dr Nigel Burton as Chairman with immediate effect. Concurrent with the appointment of Dr Burton to the Board, Hamish Harris resigns from the Board with immediate effect to pursue other business opportunities.
Dr Nigel Burton has over 25 years' experience in operational and financial management, debt and equity financing, acquisition and integration of businesses, disposals, IPOs and trade sales. Following over 14 years as an investment banker at leading City institutions including UBS Warburg and Deutsche Bank, including as the Managing Director responsible for the energy and utilities industries, Nigel has spent 15 years as Chief Financial Officer of a number of private and public companies, including Navig8 Product Tankers Inc, PetroSaudi Oil Services Limited, Advanced Power AG, and Granby Oil and Gas plc. Nigel is currently Chief Executive Officer of Nu-Oil and Gas plc and a Non-Executive Director of Strat Aero plc, both of which are listed on AIM, and until March was a Non-Executive Director of AIM listed Management Resource Solutions plc.
Nigel is a Chartered Electrical Engineer and a Past President of the IET. He has a B.Sc. (First Class Hons) in Electrical and Electronic Engineering and a Ph.D in Acoustic Imaging from University College London.
Nigel Burton owns 597,593,331 ordinary shares, representing 7.6% of the share capital of the Company.
Nigel John Burton aged 60, currently holds or has held the following directorships and partnerships in the last five years:
Current directorships/partnerships Past directorships/partnerships Wasdale Head Limited Procurement Services (Delaware) Inc. Wasdale Head Inn Limited New Day Energy Indonesia Highbec Limited Limited SenseToys Limited Management Resource Solutions NU-Oil and Gas plc plc ASD Visual Aids Limited Gyrometric Systems Limited Strat Aero International Limited Strat Aero PLC
Dr Nigel Burton was a director of Pease Limited within 12 months of the company appointing a liquidator in June 1998. The company was subsequently liquidated.
There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) or Rule 17 of the AIM Rules for Companies.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information, please contact:
Polemos PLC
Dr Nigel Burton, Chairman
Tel: +44 (0) 77 8523 4447
Beaumont Cornish Limited (Nomad)
Roland Cornish/ James Biddle
Tel: +44 (0) 20 7628 3396
www.beaumontcornish.com
Peterhouse Corporate Finance Limited (Broker)
Lucy Williams
Tel: +44 (0) 20 7469 0930
Novum Securities Limited (Joint Broker)
Colin Rowbury
Tel: +44 (0) 2073999400
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOASFISAIFASESI
(END) Dow Jones Newswires
May 15, 2018 04:07 ET (08:07 GMT)
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