Corcel PLC
("Corcel"
or the "Company")
Board
Update
18 September
2024
Corcel Plc (London AIM:
CRCL), the pan Angola-Brazil focused exploration and
production company announces that further to the announcement of 12
July 2024, the company confirms Mr. Scott Gilbert's regulatory
checks have been completed and that he will be joining the board
with immediate effect.
The
Board of the Company will therefore consist of:
Executive Directors:
Mr. Scott Gilbert - Chief Executive
Officer
Ms. Geraldine Geraldo - Chief
Commercial Strategy Officer
Non-Executive Directors:
Mr. Andrew Fairclough - Interim
independent Non-executive Chairman
Mr. Pradeep Kabra - Independent
Non-Executive Director
Mr. Antoine Karam - Non-Executive
Director
Mr. Yan Zhao - Non-Executive
Director
Mr. Gilbert currently has disclosed
the following interests in the Company:
|
Directors
|
Ordinary
Shares
|
Total
Shares
|
% of Issued Share
Capital
|
Warrants
|
Options
|
|
|
Direct
|
Indirect
|
|
|
|
|
|
Scott Gilbert
|
-
|
25,000,000
|
25,000,000
|
1.02%
|
Nil
|
31,490,580
|
The
following information is disclosed pursuant to paragraph (g)
Schedule two of the AIM Rules for Companies.
Scott Gilbert (aged 39)
directorships and partnerships in the last five years are as
follows:
Current Directorships:
Group de Clermont Limited
De Clermont Capital
Limited
Sagitta Energy Limited
DCC Latam Limited
DGJB Holdings Limited
Past Directorships:
Ingwe Power Limited
GDC Energy Limited
AOT International Limited
AOT Manufacturing Limited
Conterp Group plc
Swala Oil and Gas (Tanzania)
Limited
Related Party Interests:
Mr. Gilbert also indirectly owns a
1.25% interest in Apex Petroleum Exploration Worldwide Limited, an
entity which retains a 10% carried interest in the Company's three
exploration blocks in Angola, namely, KON-11, KON-12 and KON-16, as
announced on 24 May 2023.
There is no further information to be disclosed pursuant to
paragraph (g) of Schedule 2 of the AIM Rules.
For
further information, please contact:
Scott
Gilbert
Corcel Plc CEO
Development@Corcelplc.com
James Joyce / James Bavister /Andrew de Andrade
WH Ireland Limited NOMAD &
Broker
0207 220 1666
Patrick d'Ancona
Vigo Communications IR
0207 3900 230
The information contained within
this announcement is deemed to constitute inside information as
stipulated under the Market Abuse Regulation (EU) No. 596/2014
which is part of UK law by virtue of the European Union
(withdrawal) Act 2018. Upon the publication of this announcement,
this inside information is now considered to be in the public
domain.