IN BRIEF: Angus Energy CEO resigns with immediate effect

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Angus Energy PLC - UK-focused onshore oil and gas developer - Says Chief Executive Officer Richard Herbert has resigned with immediate effect. The company says it is in active discussions with Jonathan Tidswell-Pretorius to take an interim non-board chief operating officer role. Tidswell-Pretorius was previously chair of the company.

‘The board would like to thank Richard for his dedication and hard work in taking the company through what has been a transformative time in its development. He was responsible for the refinancing of the company and has set Angus on the course for future growth. We wish him all the best in his future endeavours,’ says interim Chair Krzysztof Zielicki.

Current stock price: 0.22 pence

12-month change: down 42%

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