IN BRIEF: Cadogan names Thibaut De Gaudemar as new chair

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Cadogan Energy Solutions PLC - Ukraine and Italy-focused oil and gas company - Appoints Thibaut De Gaudemar as chair, effective November 1, after Michel Meeus steps down for personal reasons. Meeus, who became chair again in April 2024, remains on the board as a non-executive director. Chief Executive Officer Fady Khallouf thanks Meeus for his leadership and says the company will continue to benefit from his experience. He adds that De Gaudemar brings ‘a wealth of experience’ from his previous roles.

Current stock price: 3.30 pence, down 9.6% in London on Thursday.

12-month change: up 40%

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