Directorate Change

RNS Number : 1072N

Riverstone Energy Limited

14 May 2015

 



14 May 2015

RIVERSTONE ENERGY LIMITED

Appointment to the Board

In accordance with Listing Rule 9.6.11, Riverstone Energy Limited (the "Company", "REL") announces that Claire Whittet has been appointed to the Board of Directors of the Company as a non-executive director with effect from 13 May 2015.

In accordance with Listing Rule 9.6.13, Mrs. Whittet has advised that she is a non-executive director of International Public Partnerships Limited, BH Macro Limited and TwentyFour Select Monthly Income Fund Limited which are listed on the London Stock Exchange. Mrs. Whittet has advised that there are no further details that need to be disclosed in accordance with Listing Rule 9.6.13.

Sir Robert Wilson, Chairman, said "I and my fellow Directors are delighted to welcome Claire as a member of the REL Board.  Claire's significant experience in the finance sector, particularly within credit markets, together with her knowledge of corporate governance and regulation will be a valuable addition to the Board.  The Board is looking forward to working with Claire to continue the on-going development of the Company."

Biography for Claire Whittet

Claire Whittet has 37 years' experience in the banking industry and since 2003 is the Director of Lending at Rothschild Bank International Ltd and was recently appointed to the board of Rothschild Bank (CI) Ltd. Claire began her career at the Bank of Scotland where she was for 19 years in a variety of personal and corporate finance roles. Subsequently, Claire joined Bank of Bermuda and was Global Head of Private Client Credit before taking up her current position at Rothschild.

Claire is a member of the Chartered Institute of Bankers in Scotland, a member of the Chartered Insurance Institute, a Chartered Banker and holds the Institute of Directors Diploma in Company Direction. She is a resident of Guernsey.

- ENDS -

About Riverstone Energy Limited:

REL is a closed-ended investment company that invests exclusively in the global energy industry, with a particular focus on the exploration & production and midstream sectors.  The company is uniquely positioned to benefit from the large number of investment opportunities being driven by the North American energy revolution and the continued growth in global energy demand.  REL aims to capitalise on the opportunities presented by Riverstone's energy investment platform.  REL is a member of the FTSE 250 and its ordinary shares are listed on the London Stock Exchange, trading under the symbol RSE.  To date, REL has made 14 investments spanning conventional and unconventional oil and gas activities in the Gulf of Mexico, Continental U.S., Western Canada, the U.K. North Sea, the Norwegian Sea, Mexico and credit.

For further information:

Media Contacts

For Riverstone Energy Limited:

Alfredo Marti [phone] John Cosgrove [phone]

Brunswick:

Andrew Mitchell

Robin Wrench

[phone]

Disclaimer

Nothing in this press release is intended as an offer to sell or a solicitation of an offer to buy any securities. An investment in Riverstone Energy Limited (the "Company") carries certain risks and past performance cannot be relied on as a guide to future performance.

 

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