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PLMO Polemos

0.70
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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

Polemos PLC Board Change (0945O)

15/05/2018 9:07am

UK Regulatory


Polemos (LSE:PLMO)
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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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