25 October
2024
Enwell Energy plc
("Enwell" or the
"Company")
Board
Changes
Enwell Energy plc (AIM: ENW), the
AIM-quoted oil and gas exploration and production group, announces
certain changes to its Board of Directors.
Ms Yuliia Kirianova has stepped down
as a Non-Executive Director of the Company with immediate
effect.
Also with immediate effect, Mr
Oleksiy Zayets has been appointed as a Director of the Company and
he remains Interim Chief Executive Officer. Mr Zayets joins the
Board as an appointee of the Company's majority shareholder, Smart
Energy (CY) Limited.
Mr Zayets joined the Company in
September 2018, was appointed as Chief Financial Officer of the
Company's Ukrainian operations in June 2019 and became Interim
Chief Executive Officer in March 2024. Mr Zayets is an experienced
financial management executive, having previously held senior
financial management roles within the DTEK Holdings Group,
including as Chief Financial Officer of a gas production company
and a heat and power generation company. He is a Certified
Accounting Practitioner, and has a BA Heat and Power Engineering
from the Donetsk National Technical University (Ukraine), a Master
of Management Diploma from the Donetsk State Academy of Management
(Ukraine) and an MBA from the National University of Kyiv-Mohyla
Business School (Ukraine).
The Company wishes to extend its
appreciation to Yuliia Kirianova for her contribution during her
tenure with the Company, and to welcome Oleksiy Zayets
to the Board.
Additional information on Mr Zayets:
Oleksiy Zayets, aged 43, is currently a director,
partner or principal of the following entities:
Regal Petroleum Corporation
Limited
Well Investum LLC
Smart Energy LLC
He has not formerly been a director,
partner or principal of any other entities within the last five
years.
There is no other information that
is required to be disclosed pursuant to paragraph (g) of Schedule
Two to the AIM Rules for Companies.
For
further information, please contact:
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Enwell Energy plc
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Tel: 020 3427 3550
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Chuck Valceschini,
Chairman
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Olekisy Zayets, Interim
CEO
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Bruce Burrows, Finance
Director
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Strand Hanson Limited
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Tel: 020 7409 3494
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Rory Murphy / Matthew
Chandler
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Zeus Capital Limited
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Tel: 020 7614 5900
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Alexandra Campbell-Harris (Corporate
Finance)
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Simon Johnson (Corporate
Broking)
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Citigate Dewe Rogerson
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Tel: 020 7638 9571
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Ellen Wilton / Alex Winch
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This announcement contains inside
information for the purposes of Article 7 of EU Regulation
596/2014, which forms part of United
Kingdom domestic law by virtue of the European Union (Withdrawal)
Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU
Exit) Regulations 2019.