22 October 2014
Nordic Energy PLC/ Index: ISDX / Epic: NORP / Sector: Oil & Gas
Nordic Energy Plc
("Nordic" or the "Company")
Directorate Appointments
Nordic Energy Plc, an oil and gas E&P company focused on Denmark, Norway and
the North Sea sectors of the Netherlands and the UK (the Nordic Area), is
pleased to announce the appointment of Mr Don Nicolson as Non-Executive
Chairman and Mr Jeremy Kane as Non-executive Director to the Board with
immediate effect. The additional appointments to the Board are in line with the
Company's next phase of its development and as a result of the Board's
confidence in its assets and desire to expand its technical team.
Rudolf Kleiber, CEO, commented: "We are delighted to welcome these experienced
individuals to the Board. These additions will further strengthen the Board
both from an industry and regulatory perspective. In particular, Don's
experience of working with an AIM listed company and his many years at BP will
support our progress as a Company and also our proposed admission to AIM."
Donald Nicolson - Non-executive Chairman
Donald ("Don") Oag Nicolson, aged 54, is an experienced senior business leader
who has spent his entire career in the energy sector. Mr Nicolson worked with
BP for 26 years where he managed large scale oil and gas businesses in the
North Sea, the United States and Canada as well as holding senior roles in BP's
Global headquarters in London. His last role with BP was as a Director and
Business Unit Leader for BP North Sea. From 2008 to 2011, Mr Nicolson was CEO
of Scottish Resources Group, which owned Scottish Coal, then the UK's largest
open cast mining coal company and second largest coal producer. He also has AIM
board level experience through his previous role as Executive Vice Chairman of
Strategic Natural Resources plc. Mr Nicolson is currently Chairman of IHF Ltd,
a company providing services and consultancy to the oil sector and is an E&P
Advisory Board member to Scottish & Southern Energy (SSE), a FTSE 100 company.
Mr Nicolson has held the following directorships and /or partnerships in the
last 5 years:
Current Past
IHF Ltd Strategic Natural Resources plc
Archanian Mining Ltd
Scottish Resources Group Ltd
The Scottish Coal Company Ltd
Castlebridge Plant Ltd
SRG Renewables Ltd
SRG Estates Ltd
Mining (Scotland) Ltd
SRG Minerals Ltd
SRGH Ltd
As part of Mr Nicolson's remuneration package, the Company has agreed to grant
him 200,000 warrants, exercisable at 9.375p per share. The warrants are
exercisable for a period of 3 years from the date of the grant.
Jeremy Kane - Non-executive Director
Jeremy Alden Kane, aged 75, has spent more than 40 years working in Marketing
and Public Affairs, developing and implementing global and regional corporate
reputation, crisis management and public affairs programmes. Mr Kane was also
former Chairman of Elko Energy and Non-executive Director of Xtract Resources.
Mr Kane began his professional career at Unilever as a brands manager for Birds
Eye Food. He then moved to Mars Incorporated in 1964 where he remained for over
23 years, working in several areas including Chief Personnel Officer, Marketing
Director and Sales Director for Mars Confectionery and finally as Group
External Affairs Director for Mars Inc, the Group's parent company.
Mr Kane was the founder and chairman of European Public Policy Advisors, a
large independent public affairs company in Europe. Mr Kane subsequently sold
the company to its management and went on to co-found Ergo Communications, a
public relations and public affairs company which he ran for more than six
years. Ergo was subsequently sold to Huntsworth plc, the global PR group, in
2004.
Mr Kane has held the following directorships and /or partnerships in the last 5
years:
Current Past
Advertising Bodies Trustees Limited Ossington Properties Limited
Blacjak Limited
Hillgate Communications Inc
As part of Mr Kane's remuneration package, the Company has agreed to grant him
150,000 warrants, exercisable at 9.375p per share. The warrants are exercisable
for a period of 3 years from the date of the grant.
Save as disclosed above, no additional information relating to Mr Nicolson or
Mr Kane falls to be disclosed pursuant to Rule 70 and paragraph 21 of Appendix
1 of the ISDX Growth Market - Rules for Issuers.
For further information please visit www.nordicenergyplc.com or contact:
Enquiries:
Rudolf Kleiber Nordic Energy PLC Tel: +44 20 7283 0179
Patrick Rocholl Nordic Energy PLC Tel: +44 20 7283 0179
Jo Turner Cairn Financial Advisers Tel: +44 20 7148 7900
LLP
Liam Murray Cairn Financial Advisers Tel: +44 20 7148 7900
LLP
Chris Crawford Allenby Capital Limited Tel: +44 20 3328 5656
Kelsey Traynor Yellow Jersey PR Limited Tel: +44 7799 003 220