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:
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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.