Atlantis Resources Limited Board Changes (8095U)
August 03 2015 - 2:01AM
UK Regulatory
TIDMARL
RNS Number : 8095U
Atlantis Resources Limited
03 August 2015
3 August 2015
ATLANTIS RESOURCES LIMITED
("Atlantis" or the "Company")
Board Changes
Atlantis Resources, a global leader in the tidal power sector,
is pleased to announce the appointment of Mr. Ian Cobban as an
independent Non-Executive Director with immediate effect.
Ian has over 30 years' experience in the subsea construction,
operations and maintenance industry. He first joined Subsea
Offshore Ltd, a subsidiary of Subsea 7 S.A, a company listed on the
Oslo Børs and a leading global contractor in seabed-to-surface
engineering, construction and services to the offshore energy
industry, as an Offshore Inspection Coordinator in 1985. Thereafter
Ian held various positions within the business, including General
Manager with responsibility for the Asia Pacific and the Middle
East; Vice President for Global Project and Operations in Aberdeen
and Vice President for the Gulf of Mexico, covering the USA, Mexico
and Trinidad. He was recently Vice President, Health, Safety,
Security, Environment and Quality (HSSEQ) at Subsea 7, where he
reported directly to the CEO.
The Company also announces that Rune Nilsen, Non-Executive
Director, is stepping down from the Board with immediate effect,
having served a successful four year term on the board of
Atlantis.
John Neill, Chairman of Atlantis commented:
"I am delighted to welcome Ian to the board of Atlantis. His
expertise in offshore construction and over 30 years in the subsea
and marine industries brings a wealth of experience to our Board as
we increase our focus on the execution of our strategy. He has an
excellent track record in the offshore construction industry and is
well known in the UK and international oil and gas community. He is
therefore well equipped to assist the Company as we prepare to
commence our offshore operations at the MeyGen project site in
Scotland later this year.
"I would also like to take this opportunity to thank Rune for
his substantial contribution to the Company over the past four
years. He has been involved with the Company during an amazing
period of growth and success. The Board wishes him well for the
future."
Directorships of Ian George Cobban, aged 50:
Current:
IGC International Limited
Within the last five years:
Engineering Subsea Solutions Limited
There are no further disclosures required in accordance with
paragraph g of Schedule Two, AIM Rules for Companies.
For further information please contact:
Atlantis Resources Limited via FTI Consulting
Tim Cornelius, Chief Executive Officer
Duncan Black, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and Broker) +44 (0)20 7418 8900
Daniel Harris
Jock Maxwell MacDonald
Euan Brown
FTI Consulting +44 (0)20 3727 1000
Ben Brewerton
Alex Beagley
Stephanie Blott
James Styles
This information is provided by RNS
The company news service from the London Stock Exchange
END
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