Kistos Holdings PLC Directorate Change
02 Oktober 2024 - 8:00AM
RNS Regulatory News
RNS Number : 6215G
Kistos Holdings PLC
02 October 2024
02 October 2024
Kistos
Holdings plc
("Kistos"
or the "Company")
Directorate
Change
Appointment of Deputy Chief
Financial Officer
Kistos (LSE: KIST) is pleased to
announce the appointment of James Thomson as Deputy Chief Financial
Officer with immediate effect. It is intended that Mr. Thomson will
become the Company's Chief Financial Officer and join the Board of
Directors on 1st January 2025 subject to the
satisfactory completion of due diligence by the Company's Nominated
Adviser. He will do so after Richard Slape steps down from the
Board at the end of the year.
Mr. Thomson has worked in natural
resources since March 2019, initially as Finance Director of
RockRose Energy and latterly in a senior finance role as Head of
Design & Implementation at Anglo American. Prior to that, Mr.
Thomson spent 14 years at PwC, the last four of which were as a
Partner based in Santiago, Chile. He qualified as a Chartered
Accountant in 2007.
Commenting, Andrew Austin, Kistos' Executive Chairman,
said:
"I am pleased to
announce that James has agreed to join the Kistos Holdings plc team
and look forward to welcoming him onto the Board at the start of
next year. His knowledge and experience will be invaluable as we
continue to grow the business for the benefit of all
stakeholders."
"I would like to express my
gratitude to Richard, who has served on Kistos' Board of Directors
for the last three years. His contribution since joining the
Company has helped the business navigate the integration of its
first acquisition, as well as the subsequent expansion into two new
countries and into the gas storage industry."
ENDS
Enquiries:
Kistos
Holdings plc
Andrew Austin / Peter Mann
|
via Hawthorn
Advisors
|
Panmure
Liberum (NOMAD, Joint Broker)
James Sinclair-Ford / Dougie McLeod / Mark
Murphy
|
Tel: 0207
886 2500
|
Berenberg
(Joint Broker)
Matthew Armitt / Ciaran Walsh
|
Tel: 0203 207
7800
|
Hawthorn
Advisors (Public Relations Advisor)
Henry Lerwill / Simon Woods
|
Tel: 0203 745
4960
|
Camarco
(Public Relations Advisor)
Billy Clegg
|
Tel: 0203
7574980
|
Notes to editors
Kistos plc was established to acquire
and manage companies in the energy sector engaging in the energy
transition trend. The Company has undertaken a series of
transactions including the acquisition of a portfolio of highly
cash generative natural gas production assets in the Netherlands
from Tulip Oil Netherlands B.V. in 2021. This was followed in July
2022, with the acquisition of a 20% interest in the Greater Laggan
Area (GLA) from TotalEnergies, which includes four producing gas
fields and a development project. In May 2023, Kistos completed its
third acquisition, acquiring the total share capital of Mime
Petroleum and its Norwegian Continental Shelf Assets. These
comprise a 10% stake in the Balder joint venture spanning Balder
and Ringhorne oil fields.
Kistos is a low carbon intensity gas
producer with Estimated Scope 1 CO₂ emissions from its operated
activities offshore of less than 0.01 kg/boe in 2022 (excluding
necessary flaring during drilling campaigns).
https://kistosplc.com/
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END
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