Genel Energy PLC (GENL)
23 December 2021
Genel Energy plc
Appointment of Independent Non-Executive Director
Genel Energy plc ('Genel') announces the appointment of Yetik Mert as an Independent Non-Executive Director, with immediate effect.
Yetik has almost 40 years' technical, commercial, business development, and general management experience, including holding executive and non-executive Directorship roles across the energy utility and industrial sectors in MENA, CEE and the USA.
Yetik is currently serving as a Non-Executive Director and Chairman of the Remuneration, Governance and Nomination Committees on the Boards of Turkish companies Cimsa Cimento Sanayi ve Ticaret AS and Afyon Cimento Sanayi Turk AS (Sabancı Holding Group Companies), which operate in the industrial construction sector.
No information is required to be disclosed under Listing Rule 9.6.13R.
Genel instructed independent board search and advisory consultants Russell Reynolds in connection with the appointment.
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For further information, please contact:
Notes to editors:
Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). The Company is one of the largest London-listed independent hydrocarbon producers, with an asset portfolio that positions us well for a future of fewer and better natural resources projects. Genel has low-cost and low-carbon production from the Sarta, Taq Taq, and Tawke licences in the Kurdistan Region of Iraq, providing financial resilience that allows investment in growth and the payment of a material and sustainable dividend, even at a low oil price. Genel also continues to pursue further growth opportunities. For further information, please refer to www.genelenergy.com.
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ISIN: | JE00B55Q3P39, NO0010894330 |
Category Code: | BOA |
TIDM: | GENL |
LEI Code: | 549300IVCJDWC3LR8F94 |
Sequence No.: | 132037 |
EQS News ID: | 1261431 |
End of Announcement | EQS News Service |
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