Genel Energy plc ('Genel' or 'the Company') announces that Mehmet Ogutcu has indicated his intention to retire from the Board of Genel at the AGM in May 2018.
Mehmet Ogutcu has served over six years at Genel as Non-Executive Director and more recently as Chairman of the HSSE Committee and a member of the Remuneration Committee and the Audit Committee. The Nomination Committee will review the composition of those committees in due course.
Stephen Whyte, Chairman of Genel Energy, said:
"Mehmet has been a long-standing member of the Board, with valuable knowledge of the macro-economic environment in which the Company operates. It has been a pleasure working with him, and we all wish him well in his future activities."
For further information please contact:
Andrew Benbow, Head of Communications
+44 20 7659 5100
+44 20 7830 9700
Notes to editors:
Genel Energy is an independent oil and gas exploration and production company listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). The Company, with headquarters in London and offices in Ankara and Erbil, is one of the largest London-listed independent oil producers, and is the largest holder of reserves and resources in the Kurdistan Region of Iraq. Through its Miran and Bina Bawi gas fields, the Company is positioned to be a cornerstone provider of KRI gas to Turkey under the KRI-Turkey Gas Sales Agreement. Genel also continues to pursue further growth opportunities within the Middle East and Africa. For further information, please refer to www.genelenergy.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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