4 April 2019
Andalas Energy and
Power Plc
(‘Andalas’ or the ‘Company’)
Resignation of Director
Andalas Energy and Power Plc (AIM: ADL) announces the
resignation of Dan Jorgensen as
Finance Director of the Company with immediate effect. Dan is
leaving to pursue other private commercial opportunities. He
will assist the Company by providing on-going support as it
transitions to a new arrangement, as detailed below.
FIM Capital Limited, the Company’s administrator, will take up
the financial management functions which Dan had been responsible
for whilst Graham Smith, a
non-executive director of Andalas and the CEO of FIM Capital
Limited, will assume responsibility for finance on the
Board.
Simon Gorringe, CEO of Andalas
Energy and Power PLC said: “I would like to thank Dan for his
support and commitment over the last few years. He has been a
key member of our management team and will be sorely missed.
We wish him the very best in his future endeavours.”
The information contained within this
announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No. 596/2014 ('MAR). Upon the publication of this
announcement via a Regulatory Information Service ('RIS'), this
inside information is now considered to be in the public
domain.
For further information, please contact:
Simon Gorringe |
Andalas Energy and Power Plc |
Tel: +44 1624 681250 |
Graham Smith |
Andalas Energy and Power Plc |
Tel: +44 1624 681250 |
Roland Cornish/ James Biddle |
Beaumont Cornish Limited
(Nominated Adviser) |
Tel: +44 20 7628 3396 |
Colin Rowbury
|
Novum Securities Limited
(Joint Broker) |
Tel: +44 207 399 9427 |
Christian Dennis |
Optiva Securities Limited
(Joint Broker) |
Tel: +44 20 3411 1881 |
Stefania Barbaglio |
Cassiopeia Services Ltd |
Stefania@cassiopeia-ltd.com |