Board Changes

RNS Number : 7297G

Solo Oil Plc

10 August 2016

 

10 August 2016

SOLO OIL PLC

('Solo' or 'the Company')

Board Changes

Solo Oil plc is pleased to announce the appointment today of Daniel Maling to the Board of the Company as Finance Director.

At the same time, Donald Strang, Finance Director, is stepping down to a Non-Executive Director and Sandy Barblett, Non-Executive Director, has resigned to pursue other business interests. The Board thanks Mr Barblett for his contribution to the Company and wishes him well in his future endeavours.

Daniel ("Dan") Maling has over 15 years of senior commercial management experience primarily in the oil and gas and mining sectors. He has worked with several AIM, ASX and TSX listed companies providing corporate finance, business development and corporate governance advice. Dan has a Bachelor of Accounting & Law and is a member of the Institute of Chartered Accountants in Australia.

Neil Ritson, Solo's Chairman, commented:

"We are delighted to announce the appointment of Dan Maling to the Board. He brings significant oil and gas commercial experience ahead of what we anticipate to be an active period for our portfolio investments."

The Solo Board now comprises:

Neil Ritson - Non-Executive Chairman

Daniel Maling - Finance Director

Fergus Jenkins - Technical Director

Donald Strang - Non-Executive Director

Regulatory disclosures

Daniel John Shilton Maling, aged 40, is or has been in the past five years a director of the following companies:

Current Directorships:	Past Directorships:
East Star Capital (UK) Limited	Octagonal plc
Energybuild Limited
Energybuild Group Limited
Energybuild Holdings Limited
Stratergy Capital Limited

Dan Maling currently holds no ordinary shares in the Company.

There  is  no  further  information  to  be  disclosed  in  relation  to  Mr  Maling pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies.                               

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

Further information:

Solo Oil plc Neil Ritson Daniel Maling	[phone]
Beaumont Cornish Limited Nominated Adviser and Joint Broker Roland Cornish	[phone]
Shore Capital Joint Broker Pascal Keane Jerry Keen (Corporate Broker)	[phone]
Bell Pottinger                           Public Relations Henry Lerwill	[phone]
Cassiopeia Services Ltd Investor Relations Stefania Barbaglio	[phone]

 

END

 

 

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