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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sound Energy Plc | LSE:SOU | London | Ordinary Share | GB00B90XFF12 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.038 | -4.52% | 0.802 | 0.778 | 0.836 | 0.802 | 0.802 | 0.802 | 2,271,932 | 11:23:43 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | 4.97M | 0.0026 | 3.08 | 15.33M |
TIDMSOU
RNS Number : 9033Z
Sound Energy PLC
23 May 2019
23 May 2019
Sound Energy plc
("Sound Energy" or the "Company")
Board Changes
Sound Energy, the Moroccan focused upstream gas company, is pleased to announce the appointment of Simon Davies as Independent Non-Executive Chairman of the Company with immediate effect.
Simon Davies is an experienced Chairman with a wealth of City experience, including former positions as Executive Chairman of Threadneedle Asset Management, Chairman of JP Morgan Global Growth & Income PLC and Non-Executive Director of Grainger PLC and Old Mutual Wealth Management, and previously served as Chairman of the Investment Management Association. Mr. Davies was previously the Chairman of Sound Energy's Board between 2014-2016 and a Non-Executive Director of the Company from 2005-2010.
Richard Liddell, the Company's previous Independent Non-Executive Chairman, will continue as an Independent Non-Executive Director of the Company. Stepping down as Chairman will enable Mr. Liddell to devote additional time to his other business interests.
In addition to his appointment to the Sound Energy board of directors, Mr. Davies, aged 60, holds or has held the following directorships or partnerships in the past five years.
Current Previous (last five years) - Square Mile Investment Consulting and Research Limited LCH Limited Quilter PLC Sound Energy PLC Cranview Properties Limited Grainger PLC JPMorgan Global Growth & Income PLC
Mr. Davies is beneficially interested in or controls a total of 17,669,000 ordinary shares in the Company, representing 1.67% of the Company's issued ordinary share capital.
James Parsons, Chief Executive, commented:
"I would like to thank Richard for his contribution and counsel during his tenure as Chairman, and am delighted he will remain on the board as a Non-Executive Director. I look forward to working with Simon again and know he will bring a huge amount to the Board at an important time for the Company."
For further information please contact:
Vigo Communications - PR Adviser Tel: 44 (0)20 7390 0230 Patrick d'Ancona Chris McMahon Sound Energy questions@soundenergyplc.com James Parsons, Chief Executive Officer JJ Traynor, Chief Financial Officer Cenkos Securities - Nominated Adviser Tel: 44 (0)20 7397 8900 Azhic Basirov David Jones Ben Jeynes RBC - Joint Broker Tel: 44 (0)20 7653 4000 Matthew Coakes Martin Copeland Macquarie Capital (Europe) Limited Tel: 44 (0)20 3031 2000 - Joint Broker Alex Reynolds Nick Stamp
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
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
MSCEAKSAAEENEFF
(END) Dow Jones Newswires
May 23, 2019 02:00 ET (06:00 GMT)
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