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Share Name Share Symbol Market Type Share ISIN Share Description
Tomco Energy Plc LSE:TOM London Ordinary Share IM00BZBXMN96 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.75 0.70 0.80 0.775 0.675 0.75 16,009,413 16:25:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -0.8 -0.7 - 5

TomCo Energy PLC Director Appointment

17/02/2020 12:15pm

UK Regulatory (RNS & others)


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RNS Number : 2317D

TomCo Energy PLC

17 February 2020

17 February 2020

TomCo Energy plc

("TomCo", the "Company" or the "Group")

Director Appointment

TomCo Energy plc (AIM: TOM), the unconventional oil exploration, development and technology group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to announce that it has appointed Mr Stephen West as a Non-Executive Director of the Company, with immediate effect.

Mr West holds a Bachelor of Commerce and is a Fellow Chartered Accountant (CA ANZ) and CA (ICAEW) with over 26 years of financial and corporate experience gained in public practice, oil and gas, mining and investment banking. Mr West has held several senior positions in oil and gas, and mining companies, including Apollo Consolidated Limited (ASX: AOP) where he was a Non-Executive Director from 2012 to 2018, and Zeta Petroleum plc where he is co-founder and current Non-Executive Chairman. He is also currently Executive Director and Chief Financial Officer of PetroNor E&P Limited (OSE: PNOR); however, has recently resigned from this position, effective from the end of February 2020, having been instrumental in the successful merger of African Petroleum Corporation Limited and PetroNor E&P Limited in August 2019, and the subsequent integration of the two companies. Prior to 2002, Mr West worked in the banking sector, including for Barclays Capital London where he managed Global Finance Projects.

Additional information on Stephen West

The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:

Stephen Paul West, aged 47, has been a director or partner of the following companies during the five years preceding the date of this announcement:

 
 Current directorships/partnerships     Past directorships/partnerships 
                                         (last 5 years) 
 29 Filmer Road Management Limited      African Petroleum CI-513 Limited 
 African Petroleum Côte D'Ivoire   African Petroleum Corporation 
  Limited                                Limited 
 African Petroleum Gambia Limited       African Petroleum Drilling Services 
                                         Ltd 
 African Petroleum Senegal Limited      African Petroleum Guinea Limited 
 African Petroleum Sierra Leone         African Petroleum Liberia Limited 
  Limited 
 APCL Gambia B.V.                       African Petroleum Limited 
 Cresthaven Investments Pty Limited     Apollo Consolidated Limited 
 European Hydrocarbons Limited          Auctus Corporation plc 
 European Hydrocarbons (Cayman)         European Hydrocarbons Ghana Ltd 
  Limited 
 MFW Resources Limited                  European Hydrocarbons SL Limited 
 Oilion Energy Ltd                      Norsve Resources Limited 
 PetroNor E&P AS                        Orana Corporate LLP 
 PetroNor E&P Limited                   Partner Capital Limited 
 PetroNor E&P Services Limited          Silk Road Oil & Gas Ltd 
 Regal Liberia Limited 
 Zeta Petroleum plc 
 
 

Mr West is currently interested in 3,076,923 ordinary shares of no par value in the Company, representing approximately 1.1% of the Company's issued share capital.

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.

Andrew Jones, TomCo's Executive Chairman, commented:

" I am delighted to welcome Steve West to the TomCo Board. He brings considerable capital markets and transactional experience in the oil and gas sector to the Company which adds to and complements the skill set of our existing Board members. We look forward to working with Steve as we work towards unlocking and delivering value from our significant unconventional hydrocarbon resources."

Enquiries:

TomCo Energy plc

   Andrew Jones (Chairman)                                             +44(0)20 3 823 3635 

John Potter (CEO)

   Strand Hanson Limited                                                 (Nominated Adviser) 

James Harris +44 (0) 20 7409 3494

Richard Tulloch

James Dance

   Turner Pope                                                                       (Broker) 
   Andy Thacker/ Zoe Alexander                                      +44 (0)20 3657 0050 

For further information, please visit www.tomcoenergy.com

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR").

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

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February 17, 2020 07:15 ET (12:15 GMT)

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