Oilex Ltd Appointment of New CFO (9918D)
July 02 2021 - 3:15AM
UK Regulatory
TIDMOEX
RNS Number : 9918D
Oilex Ltd
02 July 2021
ASX-RNS Announcement
2 July 2021
ASX: OEX
AIM: OEX
Appointment of New CFO
Oilex Ltd (Oilex or the Company) is pleased to announce the
appointment of Colin Judd as Chief Finance Officer of the Company,
effective 1 July 2021. It is intended that Mr Judd will also be
appointed as a Director of the Company in due course.
Colin qualified as a chartered accountant with Price Waterhouse
in 1979, where he fulfilled various professional accounting
positions in the UK, Europe and the Far East. Colin joined
Christian Salvesen plc in 1987, undertaking senior financial
management roles culminating in the position of European Financial
Controller. In 1994, Colin moved to Aberdeen where he undertook CFO
roles for two private-equity-backed oil service businesses. In
1999, Colin joined Star Energy Limited as a founder member and CFO
and was instrumental in the company's successful listing on AIM in
2004, various subsequent share placings and the company's ultimate
sale to Petronas. Colin co-founded Trans European Oil & Gas
Limited, a company backed by KKR, with the strategy to develop a
pan-European oil and gas business.
Mark Bolton, the current CFO, continues as a Non-Executive
Director and Company Secretary of Oilex.
Oilex's CEO, Mr Roland Wessel, said: "Colin's appointment adds a
wealth of experience and expertise to the Company and is in line
with the Company's new strategy to enhance access to the AIM Market
shareholder base. Having worked closely with Colin for over 20
years, I'm confident in his ability to help elevate the Company to
the next level. "
Additional Information on Mr Colin Judd, aged 68
The following additional information is provided in accordance
with paragraph (g) of Schedule Two to the AIM Rules for
Companies:
Current Directorships or Partnerships Directorships or Partnerships
Held held within 5 Years
Trans European Oil & Gas Ltd CMR Energy Limited
Mr Judd does not currently hold any shares, or an interest over
shares, in the Company.
There is no other information that is required to be disclosed
pursuant to paragraph (g) of Schedule Two to the AIM Rules for
Companies.
For and on behalf of Oilex Ltd
Roland Wessel
CEO
For further information, please contact:
Investor Enquires AIM Broker AIM Nominated Media Enquires
Oilex Ltd Novum Securities Adviser (UK)
Joe Salomon B roker Strand Hanson Vigo Consulting
Executive Chairman Colin Rowbury Limited Investor Relations
Email: oilex@oilex.com.au Email: Nominated Adviser Patrick d'Ancona/Chris
Tel: +61 8 9485 crowbury@novumsecurities.co Rory Murphy/Ritchie McMahon
3200 m Balmer Email:
Australia Tel: +44 20 Email: patrick.dancona@vigoconsult
7399 9427 oilex@strandhanson.co.uk ing.com
UK Tel: +44 20 7409 chris.mcmahon@vvigoconsulti
3494 ng.com
UK Tel:+ 44 20 7390
0230 UK
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END
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