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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Scirocco Energy Plc | LSE:SCIR | London | Ordinary Share | GB00BF1BK408 | ORD 0.20P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.225 | 0.20 | 0.25 | 0.225 | 0.215 | 0.225 | 22,644,485 | 11:44:51 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 135k | -4.82M | -0.0053 | -0.42 | 1.98M |
TIDMSCIR
RNS Number : 2545B
Scirocco Energy PLC
01 June 2023
1 June 2023
Scirocco Energy plc
("Scirocco Energy" or "the Company")
Board Changes
Scirocco Energy (AIM: SCIR), the AIM investing company targeting attractive assets within the European sustainable energy and circular economy markets, confirms that, as announced on 1 March 2023, Muir Miller has stepped down as a director of Scirocco Energy plc.
Mr Miller will be replaced by Niall Roberts on the board of Energy Acquisitions Group Ltd ("EAG"). Scirocco owns 50% in the EAG Joint Venture which wholly owns and operates Greenan Generation Limited ("GGL"), a 0.5MW Anaerobic Digestor ("AD") plant in Northern Ireland.
During the bulk of his tenure as a director Mr Miller agreed to defer his director fees to preserve cash in the company. In order to meet its obligations to him - and consistent with other directors - the company has entered into an Options Deed which awards options to Mr Miller to subscribe for shares in order to settle the total salary deferred between March 2021 and August 2022.
Alastair Ferguson, Chairman of Scirocco stated "I want to thank Muir on behalf of our fellow Directors for his personal and professional contribution to Scirocco during a challenging period which saw the company transition from a natural resources investor to an investor in sustainable energy assets.
Muir's experience and knowledge, especially with regards to ESG and renewable energy sectors, has assisted the company in both identifying and assessing a range of potential investments. We wish him well with his future endeavours."
For further information:
Scirocco Energy plc +44 (0) 20 7466 Tom Reynolds, CEO 5000 Strand Hanson Limited, Nominated Adviser +44 (0) 20 7409 Ritchie Balmer / James Spinney / Rory Murphy 3494 WH Ireland Limited, Broker +44 (0) 207 220 Harry Ansell / Katy Mitchell 1666 Buchanan, Financial PR +44 (0) 20 7466 Ben Romney / Jon Krinks / George Pope 5000
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(END) Dow Jones Newswires
June 01, 2023 02:00 ET (06:00 GMT)
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