TIDMSOLO

RNS Number : 7297G

Solo Oil Plc

10 August 2016

10 August 2016

SOLO OIL PLC

('Solo' or 'the Company')

Board Changes

Solo Oil plc is pleased to announce the appointment today of Daniel Maling to the Board of the Company as Finance Director.

At the same time, Donald Strang, Finance Director, is stepping down to a Non-Executive Director and Sandy Barblett, Non-Executive Director, has resigned to pursue other business interests. The Board thanks Mr Barblett for his contribution to the Company and wishes him well in his future endeavours.

Daniel ("Dan") Maling has over 15 years of senior commercial management experience primarily in the oil and gas and mining sectors. He has worked with several AIM, ASX and TSX listed companies providing corporate finance, business development and corporate governance advice. Dan has a Bachelor of Accounting & Law and is a member of the Institute of Chartered Accountants in Australia.

Neil Ritson, Solo's Chairman, commented:

"We are delighted to announce the appointment of Dan Maling to the Board. He brings significant oil and gas commercial experience ahead of what we anticipate to be an active period for our portfolio investments."

The Solo Board now comprises:

Neil Ritson - Non-Executive Chairman

Daniel Maling - Finance Director

Fergus Jenkins - Technical Director

Donald Strang - Non-Executive Director

Regulatory disclosures

Daniel John Shilton Maling, aged 40, is or has been in the past five years a director of the following companies:

 
 Current Directorships:      Past Directorships: 
 East Star Capital (UK)      Octagonal plc 
  Limited 
 Energybuild Limited 
 Energybuild Group Limited 
 Energybuild Holdings 
  Limited 
 Stratergy Capital Limited

Dan Maling currently holds no ordinary shares in the Company.

There is no further information to be disclosed in relation to Mr Maling pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

Further information:

 
 Solo Oil plc 
  Neil Ritson 
  Daniel Maling              +44 (0) 20 3794 9230 
 
 Beaumont Cornish Limited 
  Nominated Adviser and 
  Joint Broker 
  Roland Cornish             +44 (0) 20 7628 3396 
 
 Shore Capital 
  Joint Broker 
  Pascal Keane 
  Jerry Keen (Corporate 
  Broker)                    +44 (0) 20 7408 4090 
 
 Bell Pottinger 
  Public Relations 
  Henry Lerwill              +44 (0) 20 3772 2500 
 
 Cassiopeia Services 
  Ltd 
  Investor Relations 
  Stefania Barbaglio         +44 (0) 79 4969 0338

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 10, 2016 02:00 ET (06:00 GMT)

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