Rockhopper Exploration plc Directorate Change (3559V)
December 13 2021 - 2:00AM
UK Regulatory
TIDMRKH
RNS Number : 3559V
Rockhopper Exploration plc
13 December 2021
13 December 2021
Rockhopper Exploration plc
("Rockhopper" or the "Company")
Directorate Change
Rockhopper Exploration plc (AIM: RKH), the oil and gas
exploration and production company with key interests in the North
Falkland Basin, announces that Stewart MacDonald has informed the
Board of his intention to step down from his role as Executive
Director and Chief Financial Officer, effective 31 January 2022, to
take up a senior leadership role with another company.
William Perry, Rockhopper's Financial Controller since 2011,
will lead the Company's finance function following Mr MacDonald's
departure, although it is not intended that he will join the Board
in the immediate future.
Stewart MacDonald, CFO commented:
"I have very much enjoyed my near eight years as Rockhopper's
CFO but have decided that the time is right for me to take on a new
role. I will leave the Company with the Sea Lion project entering a
new chapter with the proposed farm-out to Navitas. Navitas brings
significant, proven capital raising expertise and, through the
proposed farm-in, they will take primary responsibility for
financing the Sea Lion project going forward."
Samuel Moody, CEO, commented:
"I would like to thank Stewart for all of his hard work since he
joined the Board in 2014. He leaves us having agreed what we
believe is a positive and exciting framework with Navitas that sees
us fully aligned and committed to bringing Sea Lion to
production."
Enquiries:
Rockhopper Exploration plc
Sam Moody - Chief Executive
Stewart MacDonald - Chief Financial Officer
Tel. +44 (0) 20 7390 0234 (via Vigo Consulting)
Canaccord Genuity Limited (NOMAD and Joint Broker)
Henry Fitzgerald-O'Connor/James Asensio
Tel. +44 (0) 20 7523 8000
Peel Hunt LLP (Joint Broker)
Richard Crichton
Tel. +44 (0) 20 7418 8900
Vigo Consulting
Patrick d'Ancona/Ben Simons
Tel. +44 (0) 20 7390 0234
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END
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