RNS Announcement
2 April 2024
AIM: SYN
Appointment of Executive Director
Synergia Energy Ltd ("Synergia Energy" or the "Company") is pleased to announce the appointment of Mr Ashish Khare as an Executive Director of Synergia Energy, finalised effective today, having served as Synergia's Head of India Assets since 2016.
A qualified Chemical Engineer with training in Petroleum Management, Ashish has held key positions in prominent companies in India, including Reliance Petroleum, Enron LNG and Cairn India. His extensive experience spans across different sectors within the industry, including upstream oil and gas exploration and production, as well as midstream (LNG and gas network) and downstream (Refineries and Petrochem) project implementation.
Synergia Energy CEO, Mr Roland Wessel, said:
"Ashish possesses a wealth of knowledge and expertise accumulated over more than two decades in the Indian petroleum industry. Since 2015, Ashish has steered the Company's Indian business through various challenges with skill and determination. Ashish was instrumental in the resumption of the Cambay field production in 2022 and the recent Farm Out Agreement with Selan Exploration. I am delighted to welcome Ashish to the Synergia Energy board of directors."
Further information on Ashish Khare as required in accordance with Schedule 2(g) of the AIM Rules for Companies:
Ashish Khare, aged 51
| Current Directorships / Partnerships | Past Directorships / Partnerships (last 5 years) |
| Merlion Energy Resources Private Limited | NIL |
On 4 April 2023, Mr Ashish Khare was issued 16,255,208 unlisted nil-cost options in Synergia Energy in accordance with the Company's short-term incentive plan. The options are exercisable on or before 1 April 2028.
There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.
For and on behalf of Synergia Energy Ltd
Roland Wessel
CEO
For further information, please contact:
| Investor Enquires Synergia Energy Ltd Briana Stayt Investor Relations Email: bstayt@synergiaenergy.com Tel: +61 8 9485 3200 Australia | AIM Joint Broker Panmure Gordon (UK) Ltd Broker Mark Murphy / Hugh Rich / Freddie Wooding Tel: +44 (0)20 7886 2500 UK | AIM Joint Broker Novum Securities Broker Colin Rowbury Email: crowbury@novumsecurities.com Tel: +44 20 7399 9427 UK | AIM Nominated Adviser Strand Hanson Limited Nominated Adviser Ritchie Balmer / Rory Murphy Tel: +44 20 7409 3494 UK | Media Enquires (UK) Vigo Consulting Investor Relations Patrick d'Ancona / Finlay Thomson Email: patrick.dancona@vigoconsulting.com finlay.thomson@vigoconsulting.com Tel:+ 44 20 7390 0230 UK |
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