3 June 2024
EARNZ plc
("EARNZ" or the "Company")
Directorate Changes
EARNZ plc (AIM:EARN), an AIM Rule 15 cash shell
which is seeking acquisitions in the energy services sector, is
pleased to announce the appointment with immediate effect of Sandra
Skeete as an independent Non-Executive Director. The Company also
announces that Elizabeth Lake, who was appointed as a Non-Executive
Director of the Company on 13 March 2024, has been appointed as
Chief Financial Officer also with immediate
effect.
Sandra has over 25 years' experience working in
social housing, holding senior roles in organisations such as the
Peabody Trust and Refugee Housing Association Limited, and was
previously a director of One Housing Group and the Duke of
Lancaster Housing Trust. She was the Chief Executive of Octavia
Housing Association Group, a not-for-profit organisation offering
social housing and care services for vulnerable members of the
community in central and west London. She was previously a
non-executive board associate of Principality Building Society.
Sandra will join the Company's audit and remuneration
committees.
Further details relating to Sandra Skeete
pursuant to AIM Rule 17 and Schedule Two (g) of the AIM Rules for
Companies ("AIM Rules") are set out below.
Bob Holt,
Executive Chairman of EARNZ, said: "We are delighted that
Elizabeth has been appointed as CFO and to welcome Sandra to the
board at the outset of EARNZ's journey. As we continue to search
for acquisition opportunities in the energy services sector, their combined skills and expertise will add considerable
value and help the Company to deliver on its ambitions. We look
forward to updating shareholders in due course regarding our
acquisition opportunities."
For further
information, please contact:
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EARNZ
plc
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+44 (0) 7778 798 816
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Bob Holt
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John Charlton
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Shore
Capital (Nominated Adviser and Joint
Broker)
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+44 (0) 20 7408 4090
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Tom Griffiths / Tom Knibbs / Lucy
Bowden
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WH
Ireland (Joint Broker)
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Hugh Morgan / Antonio Bossi / Andrew de Andrade
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+44 (0) 20 7220 1666
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This announcement contains inside information for the purposes
of Article 7 of the UK version of Regulation (EU) No 596/2014 which
is part of UK law by virtue of the European
Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the
publication of this announcement via a Regulatory Information
Service, this inside information is now considered to be in the
public domain.
Appendix - AIM Rule 17
Save for the information set out
below, there are no further disclosures to be made in accordance
with Rule 17, Schedule Two (g) of the AIM Rules in respect of the
appointment of Sandra Diana Skeete, aged 59. Sandra does not hold
any interest in the Company.
Current
Directorships/Partnerships
Nil
Past
Directorships/Partnerships (within 5 years)
Citus Limited
Duchy of Cornwall Housing Trust
Octavia Housing Association Group
One Housing Investment Limited
Placeshapers Limited
Principality Building Society
RC Bond Holdings Limited
RCB Bonds PLC
The Duke of Lancaster Housing Trust
In addition, Sandra is a trustee of Leadership
2025.