CEG.L

Challenger Energy Group PLC
Challenger Energy - Resignation of CFO
1st November 2024, 07:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 2947K
Challenger Energy Group PLC
01 November 2024
 

1 November 2024

Challenger Energy Group PLC

("Challenger Energy" or the "Company")

 

Resignation of CFO

 

Challenger Energy (AIM: CEG) announces that Mr Gagan Khurana has resigned as the Chief Financial Officer of the Company, for personal reasons, effective immediately. Mr Khurana is not a director of the Company or any group subsidiaries.

 

The Company's Group Finance Manager and Company Secretary, Mr Jonathan Gilmore, will assume Mr Khurana's duties. Mr Gilmore has over 20 years of relevant industry experience and has been with the Company in this role for four years and thus already possesses a deep knowledge of the Company's assets, commercial and financial functions. He holds a Bachelor of Commerce in Accounting from the University of Western Sydney and is a Fellow of the Institute of Chartered Accountants Australia and New Zealand. He previously worked at EY in Sydney and London, specialising in mining and energy clients, after which he served as a financial controller at the Kamato Copper Company (Glencore) in Africa. Mr Gilmore joined Columbus Energy Resources Plc as the Group Financial Controller in 2018 prior to the merger with Challenger Energy in 2020.

 

Eytan Uliel, Chief Executive Officer of Challenger Energy, said:

 

"Gagan has made a significant contribution to our Company over many years, and we wish him well in his future endeavours. Jonathan has been with us for many years as well and, given his role as Group Finance Manager and Company Secretary, has the knowledge and capability required to oversee our finance function going forward. The coming year is shaping up to be a busy and exciting time for Challenger Energy, and the entire team is focussed on delivering on our objectives, for the benefit of all shareholders."

 

 

For further information, please contact:

 

Challenger Energy Group PLC

Eytan Uliel, Chief Executive Officer

Tel: +44 (0) 1624 647 882

Zeus - Nomad and Joint Broker

Simon Johnson / Antonio Bossi / Darshan Patel

Tel: +44 (0) 20 3829 5000

Stifel - Joint Broker

Ashton Clanfield / Callum Stewart / Simon Mensley

Tel: +44 (0) 20 7710 7600

 

Gneiss Energy Limited - Financial Adviser

Jon Fitzpatrick / Paul Weidman / Doug Rycroft

Tel: +44 (0) 20 3983 9263

CAMARCO - Financial PR

Billy Clegg / Georgia Edmonds / Tomisin Ibikunle

  Tel: +44 (0) 20 3757 4980

Jonathan Paterson - Investor Relations

jonathan.paterson@harbor-access.com

  Tel: +1 475 477 9401

 

Notes to Editors

 

Challenger Energy is an Atlantic-margin focused energy company, with production, development, appraisal, and exploration assets in the region. Challenger's primary assets are located in Uruguay, where the Company holds two high impact offshore exploration licences, totalling 19,000km2 (gross) and is partnered with Chevron on the AREA-OFF 1 block. Challenger Energy is quoted on the AIM market of the London Stock Exchange.

 

https://www.cegplc.com 

 

ENDS

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAQBLFXZBLEFBV]]>
TwitterFacebookLinkedIn