20 August 2008
Empyrean Energy PLC
('Empyrean' or the 'Company': Ticker - EME)
APPOINTMENT OF FINANCE DIRECTOR
The Board of Empyrean is pleased to advise that Mr John Laycock has been appointed Finance Director (Non - Executive), with effect from today. His appointment will be part time and assisted by the Company's existing Company Secretary and Financial Controller, Jade Styants.
Mr Laycock is a chartered management accountant, holds a degree in Mechanical Engineering (B.Sc. Hons) and has over 36 years experience in corporate finance and financial risk management predominately within the oil and gas industries.
Mr Laycock will be based in the UK and will assist the board in key finance, treasury, financial reporting and corporate services.
Chairman Dr Patrick Cross commented: 'I am delighted to welcome Mr Laycock to the Board of Empyrean. He has a wealth of financial expertise, with over 30 years experience in international business, including 22 years in oil and gas with British Petroleum plc. He will make a substantial contribution to the future corporate strategy and growth plans of the Company.'
The Board welcomes John to the Company and looks forward to his contribution.
Disclosure of Directorships under schedule 2 of the AIM Rules
John Hugh Spencer Laycock, aged 55, is or has been a Director of the following companies during the previous five years:
Current Directorships:
Empyrean Energy plc
Directorships held within the previous five years:
None
There are no other matters which are required to be announced with regard to this appointment under paragraph (g) of Schedule 2 of the AIM Rules.
For further information, please visit Empyrean's website at www.empyreanenergy.com or contact:
Empyrean Energy Plc Tom Kelly Tel: +44(0) 207 182 1746 |
Blue Oar Securities Plc Olly Cairns / Jerry Keen Tel: (+61) 8 6430 1631 / (+44) 207 448 4400 |
Conduit PR Jonathan Charles / Sarah Alexander Tel: (+44) 207 429 6666 |