Bowleven plc – BLVN – Board Change

Bowleven plc – BLVN – Board Change

Bowleven plc is pleased to announce the appointment of Jack Arnoff to the Board of the Company as a Non-Executive Director with immediate effect.

Jack has a wealth of knowledge and experience in investment and asset management. He has played a key role in product development and marketing of emerging markets products. He currently holds the position of co-founder and Partner at Elbrus Capital Partners LLP and Portfolio Manager for ECP Emerging Europe Value Fund. Jack has an intimate understanding of the sector and key relationships with relevant institutions that will bode well for supporting Bowleven as it seeks both project financing and Final Investment Decision on Etinde.

Commenting on the appointment, Bowleven's CEO, Eli Chahin, said:

"We are pleased to welcome Jack to the Board. Jack brings a wealth of experience and has extensive relationships in the global energy sector and with capital providers. As a member of the Board, Jack will bring a unique set of experiences, diverse perspective and guidance to help drive the Company towards its strategic Etinde growth plan."

 

Additional information:

 

Name

Jack Arnoff

 

Age

54

 

Current Directorships / Partnerships

Elbrus Capital Partners LLP

 

Elbrus Capital (Cayman) Ltd

Former Directorships / Partnerships (in last 5 years)

ECP Emerging Europe Value Fund Ltd (Cayman)

 

 

Save for the above, there is no further information that is required to be disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies with respect to the appointment.

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