Resignation of Directors

RNS Number : 1324D

Clean Energy Brazil PLC

26 November 2009

 



26 November 2009

Clean Energy Brazil PLC

("Clean Energy Brazil" or the "Company")

Resignation of directors

On 13 November 2009, Clean Energy Brazil announced in its response to the mandatory offer by Global Investors Acquisition LLC (the "Offer") that Antonio Monteiro de Castro, the Company's Chairman, and Richard Jewson, a director of the Company, had indicated that they intended to resign from the board of directors at the end of the offer period. The Offer was declared wholly unconditional on 20 November 2009 and Mr de Castro and Mr Jewson have resigned as directors of the Company with effect from today. Clean Energy Brazil would like to thank Mr de Castro and Mr Jewson for their contribution to the Company; a new Chairman will be appointed in due course.

For further information please contact:

Numis Securities Limited (Broker) Charles Farquhar Lee Aston	Tel: [phone]
Smith & Williamson Corporate Finance Limited (Nominated Adviser) Azhic Basirov David Jones	Tel: [phone]
Fishburn Hedges (Financial PR Adviser) Andy Berry Michelle James	Tel: [phone] [e-mail] [phone] [phone]

 

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