Angus Energy PLC has announced the appointment of Antoine Vayner as a Non-Executive Director, representing the largest shareholder, Kemexon Ltd. Vayner brings extensive experience in energy transactions and is expected to reinforce Kemexon's commitment to Angus' growth and development. The company's CEO, Richard Herbert, expressed enthusiasm about the appointment, stating that it is part of Angus' growth strategy. Kemexon, which currently holds 22.19% of the company's issued share capital, has signed a Relationship Agreement to govern its dealings with Angus, aiming for a long-term relationship to support the execution of the company's growth strategy.
Angus Energy PLC is a UK AIM quoted independent onshore Energy Transition company with a portfolio of clean gas development assets, onshore geothermal projects, and legacy oil producing fields. The company operates the Saltfleetby Gas Field, majority owns and operates conventional oil production fields at Brockham and Lidsey, and has a 25% interest in the Balcombe Licence. The announcement includes forward-looking statements, emphasizing that actual performance may differ from the expressed or implied expectations. For further information, interested parties can visit the company's website or contact the provided representatives.
This announcement provides insight into Angus Energy PLC's strategic move to strengthen its board with the appointment of a new Non-Executive Director, reflecting the company's commitment to growth and development. It also highlights the company's diverse portfolio and emphasizes the importance of forward-looking statements in understanding the company's prospects and strategy.