Directorate Change

RNS Number : 5134F

Petrofac Limited

18 May 2017

 

BOARD CHANGE

Petrofac announces that Jane Sadowsky has resigned as a Non-executive Director with immediate effect. Ms Sadowsky has been a Board member since 1 November 2016.

Ends

For further information contact:

Petrofac Limited      

[phone]

Jonathan Low, Head of Investor Relations

[e-mail]

Alison Flynn, Group Head of Communications

[e-mail] 

[phone]

Tulchan Communications Group

[phone]

[e-mail]

Stephen Malthouse

Martin Robinson

NOTES

LEI 2138004624W8CKCSJ177

REMUNERATION ARRANGEMENTS

In accordance with Section 430(2B) of the Companies Act 2006,] the Company hereby confirms that no payment for loss of office will be made to Ms Sadowsky in connection with her ceasing to be a Non-executive director of Petrofac Limited. The Company's Directors' Remuneration report for the year ending 31 December 2017 will include all fees paid to her during the year.

COMMITTEE ARRANGEMENTS

As a result of this resignation, changes to the membership of Petrofac's Board committees will be made in due course.

 

END

 

 

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