TIDMPAL

RNS Number : 8875R

Equatorial Palm Oil plc

01 November 2019

1 November 2019

EQUATORIAL PALM OIL plc

("EPO" or the "Company")

Director Changes

Equatorial Palm Oil plc (AIM: PAL), the AIM listed palm oil development and production company with operations in Liberia, West Africa, announces today that Geoffrey Brown has retired as an Executive Director and will now become a Non-Executive director of the Company with immediate effect.

Michael Frayne, currently Non-Executive Chairman, has been appointed as Executive Chairman of the Company.

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For further information, please visit www.epoil.co.uk or contact:

 
 Equatorial Palm Oil plc                      +44 (0) 20 7268 
  Michael Frayne (Executive Chairman)          4874 
 Strand Hanson Limited (Nominated Adviser)    +44 (0) 20 7409 
  James Harris / James Bellman                 3494 
 Mirabaud Securities LLP (Broker)             +44 (0) 20 7484 
  Peter Krens                                  3510

Notes to editors:

Equatorial Palm Oil plc is an AIM listed crude palm oil developer and producer with palm oil estates in Liberia, West Africa. The Company was founded in 2005 and is focused on becoming a global, sustainable producer of high-quality palm oil to regional and international markets.

The Company is geographically well positioned to serve the international and regional markets and is committed to making a positive impact on the communities in which it operates through investment in local schools, health clinics, housing and infrastructure.

The Company's largest shareholder and 50:50 joint venture partner in LPD is KLK. KLK is one of the largest palm oil producers in the world and the Company will greatly benefit from their many years of expertise in oil palm development.

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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(END) Dow Jones Newswires

November 01, 2019 03:00 ET (07:00 GMT)

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