Directorate Change

RNS Number : 2504D

UK Oil & Gas Investments PLC

23 October 2015

 



23 October 2015

UK Oil & Gas Investments PLC

("UKOG" or the "Company")

Directorate Change

The Company is pleased to announce that Kiran Morzaria has been appointed to the Board as the Company's Finance Director with effect from today. Mr Morzaria replaces Donald Strang who is retiring to focus on other business interests. The board wishes to thank Mr Strang for his contribution and commitment to the development of the Company over the past few years and wishes him well.

Disclosures required pursuant to the AIM Rules:

The names of all companies of which Mr Morzaria, aged 41, has been a director at any time in the previous five years are set out below:

BACANORA MINERALS LTD	Current
ACADEMY MINERALS LIMITED	Current
API TECHNOLOGY (UK) LIMITED	Current
RARE EARTH MINERALS PLC	Current
PANGUMA DIAMOND LTD	Current
HORSE HILL DEVELOPMENTS LTD	Previous
RIVER DIAMONDS UK LIMITED	Previous
VISO GERO INTERNATIONAL INC	Previous
IMMERSION TECHNOLOGY PROPERTY LIMITED	Previous
VATUKOULA GOLD PTY LIMITED	Previous
VATUKOULA AUSTRALIA PTY LIMITED	Previous
VATUKOULA FINANCE PTY LIMITED	Previous
VATUKOULA GOLD MINES LIMITED	Previous
SOLO OIL (ARGENTINA) LIMITED	Previous
LONRHO LIMITED	Previous
VATUKOULA GOLD MINES PLC	Previous
TRAVEL WELCOME LTD.	Previous
TUBUTAMA BORAX PLC	Previous
TUBUTAMA LIMITED	Previous
SOLO OIL PLC	Previous
CONCHA PLC	Previous
CC123 LIMITED	Previous
MAP PRINT LIMITED	Previous
COURTHOPE LTD.	Previous
KIRST SERVICES LIMITED	Previous

Mr Morzaria was a director of Tubutama Borax Plc and Tubutama Ltd both of which underwent a members' voluntary winding up in July 2010 and were dissolved in April 2012.  The liquidation was part of an agreed process by which Tubutama Borax Plc and Tubutama Ltd had agreed to sell the underlying company's asset in Mexico.  The consideration for the sale of the Mexican asset was shares in a listed entity in Canada (Bacanora Minerals Ltd), therefore members received these shares which were distributed on completion of the transaction.

Arlington Resource Plc, of which Mr Morzaria was a director, was dissolved on December 2007 following a voluntary member's liquidation.

Mr Morzaria has 4,508,178 ordinary shares in the Company.

There are no other matters which are required to be announced pursuant to paragraph (g) of Schedule 2 to the AIM Rules.

- Ends -

For further information please contact:

UK Oil & Gas Investments PLC

Stephen Sanderson                                                                                              Tel: [phone]

WH Ireland (Nominated Adviser and Broker)

James Joyce / Mark Leonard                                                                              Tel: [phone]

Square 1 Consulting (Public Relations)

David Bick / Mark Longson                                                                                Tel: [phone]

 

END

 

 

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