Egdon Resources plc (AIM:EDR) is delighted to announce the appointment of Neil O’Brien as a Non-Executive Director of the Company with immediate effect. Neil is Chief Executive Officer of Alkane Energy plc which holds 40,000,000 ordinary shares of Egdon, representing approximately 18 per cent. of Egdon’s issued share capital.
Neil is a qualified Chartered Accountant with over 20 years’ management experience within the UK and Europe. After qualifying at Coopers Lybrand, Neil joined Blue Circle Industries PLC where he held a number of senior financial roles including a period as Finance Director of Blue Circle’s French based Heating Products operations. More recently Neil was Finance Director at Speedy Hire PLC the UK’s largest rental company and a FTSE250 member. During Neil’s ten years at Speedy Hire the group was transformed from a generalist building group to focus on the Speedy brand which grew revenues to over £450m in 2008. Neil joined Alkane Energy plc as Chief Executive Officer in November 2008.
Neil Christopher O’Brien, aged 51, is currently a Director of, or during the past five years has been a Director of, the following companies:
Alkane Energy plc
Alkane Biogas Limited
Alkane Energy UK Limited
Alkane Pro2 Services Limited
Coalgas (Cymru) Limited
Coalgas (Europe) Limited
Eastern Pegasus Limited
MW Renewables Limited
Seven Star Natural Gas Limited
Regent Park Energy Limited
Neil O’Brien has an interest in 749,000 ordinary shares of Alkane Energy plc.
There is no further information to be disclosed under Rule 17 or Paragraph (g) of Schedule 2 of the AIM Rules for Companies.
Philip Stephens Chairman of Egdon, commented:
“On behalf of the Board, I am delighted to welcome Neil O’Brien as a Non-Executive Director of Egdon. Neil brings a wealth of valuable experience to the Company, particularly in the UK energy sector. We all look forward to working with him as we continue to grow the business.”