Senior Management Appointments

RNS Number : 9644S

Reabold Resources PLC

09 October 2017

 

9 October 2017

Reabold Resources plc

("Reabold" or the "Company")

Senior Management Appointments

Reabold Resources, the investors in strategic upstream Oil & Gas projects initially focussed on Europe, is delighted to announce the appointment of Stephen Williams and Sachin Oza as Co-Chief Executive Officers, effective immediately.

Stephen and Sachin have worked in the energy sector for 14 and 15 years respectively and have both worked as investment analysts with M&G investments.

The company is proposing to appoint Stephen and Sachin to the board in due course, subject to regulatory requirements.

Jeremy Samuel Edelman, Executive Chairman of Reabold Resources, commented:

"I am delighted to welcome Sachin and Stephen as Co-Chief Executive Officers to the company. Both Sachin and Stephen bring considerable experience and influence to Reabold and I look forward to working with both of them as we begin a newly focussed  phase for the Company."

Stephen Williams, Co-Chief Executive Officer of Reabold Resources, commented:

"Sachin and I are incredibly excited to lead Reabold into a new period of investing. The time is ideal to implement a planned strategy of participating in high impact, quality projects and to put capital to work in oil and gas investment."

Enquiries:

Reabold Resources plc	Sachin Oza Stephen Williams	C/o Camarco Tel:  [phone]
Beaumont Cornish Limited	Roland Cornish Felicity Geidt	Tel:  [phone]
Whitman Howard Limited	Nick Lovering Grant Barker	Tel: [phone]
Turner Pope Investments (TPI) Ltd - Joint Broker	Andy Thacker	Tel: [phone]
Camarco	Billy Clegg James Crothers Oliver Head	Tel:  [phone]

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.

 

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