SDX Energy PLC Appointment of Non-executive Director

RNS Number : 2997I

SDX Energy PLC

16 October 2024

 

 

16 October 2024

 

SDX ENERGY PLC ("SDX" or the "Company")

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

SDX is pleased to announce the appointment of Alexander Craig as Non-Executive Director with immediate effect.

 

Alex was a Director and Co-founder of Aleph Commodities Ltd ("Aleph"). His expertise lies in commodities, infrastructure and asset management. Prior to Aleph, Alex was a founding partner at Omikron Partners and Liberty Street Partners, redeveloping distressed real estate and infrastructure projects. Previously, he was Portfolio Manager at Tiverton Trading - a global macro and commodities hedge fund. Alex holds a BA and MA from University College London.

 

Following the appointment of Alex to the Board, the Board will comprise three independent Non-Executive Directors (including the Chairman), two Executive Directors and one further Non-Executive Director, Alexander Craig, who is a representative of Aleph and therefore not independent.

 

CEO Daniel Gould commented:

 

"I am pleased to welcome Alex to the Board as we continue to work diligently and energetically to revitalise SDX and leverage the Company's unique position, and I thank Aleph for its ongoing support, which is demonstrated by the refinancing and upsizing of the Company's convertible loan."

 

Additional Information in respect of the AIM Rules

 

In accordance with Schedule 2(g) of the AIM Rules, Alexander Grenville Craig, aged 44, holds or has held in the past 5 years the following directorships and partnerships:

 

Current directorships/partnerships

AC International Services Ltd

Aleph Energy Ltd

Aleph International Holdings (UK) Ltd

Aleph Intertank Limited

Aleph New Energies Ltd

Aleph Saltfleetby Ltd

Flashrock Ltd

Omikron Holding A.E

Baltic Storage AB

 

Previous directorships/partnerships within the last 5 years

AC Downstream AB

Aleph Commodities Ltd

Aleph Opportunities I LLC

Tiverton Investments LLC

Tiverton Trading LLC

Wineberry Ltd

Intertank Nordic AB

Liberty Street Partners LLC

Tiverton Macro Fund LLC

 

There is no further information required to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2 (g) of the AIM Rules for Companies.

 

For further information:

 

SDX Energy Plc Daniel Gould, Chief Executive Officer William McAvock, Chief Financial Officer Tel: [phone]
Shore Capital (Nominated Adviser and Broker) Toby Gibbs/Harry Davies-Ball Tel: [phone]
InHouseIR (Investor and Media Relations) Sarah Dees/Oliver Clark Email: [e-mail] Tel: [phone]

About SDX

For further information, please see the Company's website at www.sdxenergygroup.com or the Company's filed documents at www.sedar.com.

 

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