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Share Name Share Symbol Market Type Share ISIN Share Description
Trinity Exploration & Production Plc LSE:TRIN London Ordinary Share GB00B8JG4R91 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 0.6% 8.35 8.20 8.50 8.35 8.30 8.30 1,134,818 10:25:39
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 48.2 -10.6 -1.5 - 32

Trinity Exploration & Production Appointment of Chief Financial Officer

07/09/2020 7:00am

UK Regulatory (RNS & others)


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RNS Number : 1289Y

Trinity Exploration & Production

07 September 2020

RNS ANNOUNCEMENT: The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

Trinity Exploration & Production plc

("Trinity" or "the Group" or "the Company")

Appointment of Chief Financial Officer

Executive Team Enhanced for Future Growth

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, is today pleased to announce the appointment of Edouard Brain as Chief Financial Officer ("CFO") effective 14 September 2020. Jeremy Bridglalsingh, currently Managing Director and CFO, will relinquish his role as CFO at the same time and concentrate solely on his role as Managing Director of the Group.

Edouard has 18 years' experience in finance roles for both public and private oil and gas businesses, including most recently as the Latin America Regional CFO at Maurel & Prom, a French listed company with annual sales in excess of US$500 million. He has extensive Mergers & Acquisitions experience, most notably on transactions within Colombia, Argentina, Brazil, Venezuela and Peru alongside his long experience of managing a large finance team and audit processes as part of a public company. Prior to joining Maurel & Prom in 2006 he was the Latin America Regional Financial Controller and Internal Auditor for Perenco Group, one of the largest private oil and gas companies globally.

As CFO, Edouard will be a member of the Executive Team working to deliver on Trinity's strategic objectives.

Bruce Dingwall CBE, Executive Chairman of Trinity, commented:

"We are very pleased to welcome Edouard to our team, following a global search process he stood out as a proactive, extremely well qualified, capable and ambitious candidate. Edouard joins Trinity at a significant milestone where we are focused on delivering a step-change in the scale of our business and we look forward to his contribution to a strengthened leadership team on delivering on our growth aspirations. Edouard's appointment also allows Jeremy, in his role as Managing Director, to apply even greater focus to the overriding target of scaling the business and delivering shareholder value."

Enquiries

For further information please visit www.trinityexploration.com or contact:

 
 Trinity Exploration & Production plc                        +44 (0)131 240 3860 
 Bruce Dingwall CBE, Executive Chairman 
  Jeremy Bridglalsingh, Managing Director 
  & Chief Financial Officer 
  Tracy Mackenzie, Corporate Development 
  Manager 
 
 SPARK Advisory Partners Limited (Nominated 
  Adviser and Financial Adviser)                             +44 (0)20 3368 3550 
 Mark Brady 
 Cenkos Securities PLC (Broker) 
 Joe Nally (Corporate Broking)                               +44 (0)20 7397 8900 
  Neil McDonald                                              +44 (0)131 220 6939 
 
 Walbrook PR Limited                                         +44 (0)20 7933 8780 
 Nick Rome                                     trinityexploration@walbrookpr.com 
 

About Trinity ( www.trinityexploration.com )

Trinity is an independent oil and gas exploration and production company focused solely on Trinidad and Tobago. Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad. Trinity's portfolio includes current production, significant near-term production growth opportunities from low risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth. The Company operates all of its nine licences and, across all of the Group's assets, management's estimate of 2P reserves as at the end of 2019 was 20.9 mmbbls. Group 2C contingent resources are estimated to be 20.1 mmbbls. The Group's overall 2P plus 2C volumes are therefore 41.1 mmbbls.

Trinity is quoted on the AIM market of the London Stock Exchange under the ticker TRIN.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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September 07, 2020 02:00 ET (06:00 GMT)

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