TIDMTOM

RNS Number : 5520D

TomCo Energy PLC

01 February 2018

1 February 2018

TomCo Energy plc (AIM: TOM)

("TomCo" or the "Company")

Board Changes

TomCo Energy plc, is pleased to announce the appointment of John Potter to the Board of the Company as Chief Executive with immediate effect. Following John's appointment and further to the Company's announcement of 2 January 2018, Christopher Brown has also stepped down from the Board of the Company and its subsidiaries with immediate effect.

John brings a broad range of knowledge and skills to the team as the Company seeks to finalise its strategy for TurboShale, having identified significant cost savings.

The Chairman of TomCo, Andrew Jones, said "The Board are delighted that John has agreed to join the Board of TomCo and we believe that he will deliver fresh impetus as well as a determined focus and a robust approach in his leadership as we seek to advance TurboShale. The Board would also like to wish Chris well with his future business ventures and to thank him for his continued support."

Additional information on Mr John Potter

The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:

John David Potter, aged 48

 
                                      Past directorships/partnerships 
 Current directorships/partnerships    (last 5 years) 
 Hirad Ltd                            APA Developments Ltd 
  Reform Energy plc 
  Reform Energy Fleetwood 
  Ltd 
  Reform Energy Solutions 
  Ltd 
  Reform Energy Stations 
  Ltd 
  Wyre Tidal Energy Ltd

Mr Potter was a director of APA Developments Ltd at the time it entered into receivership on 26 March 2014. All creditors were repaid in full.

Mr Potter does not hold any existing interest in the Company's ordinary shares.

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.

Enquiries:

For further information, please visit www.tomcoenergy.uk.com or contact:

TomCo Energy plc

Contact:

   Telephone:                              +44 (0) 20 3823 3635 
   Andrew Jones (Chairman)                  andrew@tomcoenergy.uk.com 
   Strand Hanson                                  (Nominated Advisor)

Contact:

   James Harris / Richard Tulloch          +44 (0) 20 7409 3494 
   SVS Securities plc                            (Broker)

Contact:

   Tom Curran / Ben Tadd                      +44 (0) 20 3700 0093

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.

- ENDS -

This information is provided by RNS

The company news service from the London Stock Exchange

END

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