16 October 2024
SDX ENERGY PLC ("SDX" or the "Company")
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
SDX is pleased to announce the appointment of Alexander Craig as Non-Executive Director with immediate effect.
Alex was a Director and Co-founder of Aleph Commodities Ltd ("Aleph"). His expertise lies in commodities, infrastructure and asset management. Prior to Aleph, Alex was a founding partner at Omikron Partners and Liberty Street Partners, redeveloping distressed real estate and infrastructure projects. Previously, he was Portfolio Manager at Tiverton Trading - a global macro and commodities hedge fund. Alex holds a BA and MA from University College London.
Following the appointment of Alex to the Board, the Board will comprise three independent Non-Executive Directors (including the Chairman), two Executive Directors and one further Non-Executive Director, Alexander Craig, who is a representative of Aleph and therefore not independent.
CEO Daniel Gould commented:
"I am pleased to welcome Alex to the Board as we continue to work diligently and energetically to revitalise SDX and leverage the Company's unique position, and I thank Aleph for its ongoing support, which is demonstrated by the refinancing and upsizing of the Company's convertible loan."
Additional Information in respect of the AIM Rules
In accordance with Schedule 2(g) of the AIM Rules, Alexander Grenville Craig, aged 44, holds or has held in the past 5 years the following directorships and partnerships:
Current directorships/partnerships
AC International Services Ltd
Aleph Energy Ltd
Aleph International Holdings (UK) Ltd
Aleph Intertank Limited
Aleph New Energies Ltd
Aleph Saltfleetby Ltd
Flashrock Ltd
Omikron Holding A.E
Baltic Storage AB
Previous directorships/partnerships within the last 5 years
AC Downstream AB
Aleph Commodities Ltd
Aleph Opportunities I LLC
Tiverton Investments LLC
Tiverton Trading LLC
Wineberry Ltd
Intertank Nordic AB
Liberty Street Partners LLC
Tiverton Macro Fund LLC
There is no further information required to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2 (g) of the AIM Rules for Companies.
For further information:
| SDX Energy Plc Daniel Gould, Chief Executive Officer William McAvock, Chief Financial Officer Tel: +44 (0) 20 3219 5640
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| Shore Capital (Nominated Adviser and Broker) Toby Gibbs/Harry Davies-Ball Tel: +44 (0) 20 7408 4090 | |
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InHouseIR (Investor and Media Relations) Sarah Dees/Oliver Clark Email: sdx@inhouseir.com Tel: +44 (0) 7881 650 813 / +44 (0) 20 3239 1669
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About SDX
For further information, please see the Company's website at www.sdxenergygroup.com or the Company's filed documents at www.sedar.com.
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