IN BRIEF: eEnergy chief executive steps down immediately

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eEnergy Group PLC - London-based net zero energy services provider - Chief Executive Officer Harvey Sinclair has stepped down, effective immediately and ‘by mutual agreement with the board’. Says Sinclair will leave the company at the end of this month ‘to pursue other opportunities.’ Adds that he has agreed to waive his 28.1 million outstanding non-EMI share options, as part of the agreed transition arrangements.

eEnergy says Chief Financial Officer John Gahan is taking over CEO responsibilities on an interim basis until Sinclair’s successor is appointed. Chair Andrew Lawley says eEnergy ‘will make a further announcement about his replacement in due course.’

Current stock price: 5.60 pence, down 3.5% on Monday in London

12-month change: up 4.7%

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