Board Appointment

RNS Number : 6025G

Oracle Power PLC

18 March 2020

 

18 March 2020

ORACLE POWER PLC

("Oracle" or the "Company")

Board Appointment

Oracle Power PLC (AIM:ORCP), is pleased to announce the appointment of Mr Glen Lewis to its Board of Directors ("Board"), as a Non-executive Director, with immediate effect.

Mr Lewis is a senior Coal Mine Manager with a wealth of experience having worked in the coal industry since the 1980s. Throughout his career he has focused on operational mine management. Glen has developed a number of significant coal deposits, including United Colliery and Dartbrook Coal in the Hunter Valley in Australia. 

He was the Operations Manager at Oceanic Coal following its acquisition by Xstrata Coal in 1999.  Mr Lewis continued to hold a number of senior roles with the company, culminating in his appointment as General Manager of Operations at Xstrata Coal in 2003. Here he held responsibility for six operating mines and several projects under construction, until his departure from the company in 2008.

Glen was appointed Managing Director of NuCoal Resources Ltd (ASX:NCR) in 2010, overseeing the listing, capital raising, exploration and feasibility studies for a number of mining projects in the Hunter Valley. Glen stepped down as Managing Director in 2017 to focus on advisory opportunities in the public and private sector. He remains a Non-executive Director at the firm.

Mark Steed, Chairman of Oracle Power PLC, commented:

"On behalf of the Company I would like to welcome Glen to the Oracle Board. With a career in the coal industry spanning over 30 years, he has built up an extensive network of relationships and track record. Oracle is making this appointment now as we look to the ultimate development of Block VI in Pakistan, where we believe his experience will prove a significant asset to the Company and provide genuine technical asset-level understanding, complementing the expertise already within the Company and amongst its project partners."

Further information on Mr Lewis, as required by the AIM Rules for Companies is as follows:

Glen Richard Lewis, aged 56, is, or has been, a director or partner of the following companies or partnerships during the past five years:

Current directorships and/or partnerships	Former directorships and/or partnerships (within the last five years)
NuCoal Resources Limited	Realm Resources Limited
TerraCom Limited	CAML Resources Pty Limited
Baysoni Pty Limited	Foxleigh Coal Pty Limited
Doyles Creek Mining Pty Limited	Foxleigh Land Pty Limited
NuCoal Share Plan 1 Pty Limited	Foxleigh Management Pty Limited
Lewis Mining Consulting Pty Limited	Foxleigh Sales and Marketing Pty Limited
Springsure Mining Pty Limited	Foxleigh Services Pty Limited
ADL Engineering Pty Limited	Middlemount South Pty Limited
	Dellworth Pty Limited

Mr Lewis does not hold any interest in, or over, the Company's ordinary shares.

There is no further information to be disclosed in respect of the above appointment pursuant to paragraph (g) of Schedule 2 of the AIM Rules for Companies.

For further information please contact:

Oracle Power PLC Naheed Memon	[phone]
Strand Hanson Limited (Nominated Adviser) Rory Murphy, James Harris, Jack Botros	[phone]
Brandon Hill Capital Limited (Joint Broker) Oliver Stansfield	[phone]
Shard Capital (Joint Broker) Damon Heath, Isabella Pierre	[phone]
St Brides Partners Ltd Susie Geliher, Catherine Leftley	[phone]

The information contained within this announcement is considered to be inside information, for the purposes of Article 7 of EU Regulation 596/2014, prior to its release. 

 

END

 

 

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