WTI Wti Oil Etc

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RNS Number : 8734J

Weatherly International PLC

05 April 2018

5 April 2018

This announcement includes release of inside information

Weatherly International plc (AIM:WTI)

("Weatherly" or the "Company")

Directorate change

Weatherly announces that the Company's Chief Executive Officer, Craig Thomas, has informed the Board of his decision to resign from the Company, including stepping down from his Board position, with effect from 4 July 2018. The Board has accepted Craig's resignation and would like to thank him for his contribution to the Group over the last eight years, including the last three years as Chief Executive Officer, and wishes him every success in the future.

The Company confirms that Craig has agreed to continue to perform his role as Chief Executive Officer in the interim period, in order to facilitate an orderly transition process and allow the Group's operations to continue without interruption. The Company will be reviewing the most appropriate management structure going forward and a further announcement will be made in due course.

For further information please contact:

   Weatherly International Plc                                      +44 (0)1707 800 774 

Craig Thomas, CEO

Kevin Ellis, CFO & Company Secretary

   Strand Hanson Limited                                               +44 (0) 20 7409 3494 

(Nominated Adviser & Broker)

Rory Murphy / James Dance / Jack Botros

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

April 05, 2018 02:00 ET (06:00 GMT)

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