30 October 2017
Oracle Power PLC
("Oracle", the "Company" or the "Group")
Directorate Change
Oracle Power PLC (AIM:ORCP), the UK energy developer of a combined lignite coal mine and mine mouth power plant located in the Thar desert in the south-eastern Sindh Province of Pakistan, announces that Yves Mordacq, a Non-executive Director of the Company, has stepped down from the board with immediate effect for personal reasons.
Anthony Scutt, Chairman of Oracle, said:
"We would like to extend our thanks to Yves for his contribution to the Company and we wish him the very best for the future."
For further information:
Oracle Power PLC Shahrukh Khan
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+44 (0) 203 580 4314 |
Grant Thornton UK LLP (Nominated Adviser) Salmaan Khawaja, Richard Tonthat, Daniel Bush
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+44 (0) 207 383 5100 |
Brandon Hill Capital Limited (Joint Broker) Oliver Stansfield
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+44 (0)203 463 5000 |
Peterhouse Corporate Finance (Joint Broker) Charles Goodfellow
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+44 (0)20 7220 9791 |
Blytheweigh Tim Blythe, Camilla Horsfall, Megan Ray
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+44 (0) 207 138 3204 |
Fortbridge Matt Beale, Bill Kemmery
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+44 (0)7966 389196 |
The information contained 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.