17 September 2024

ACP Energy PLC

(ACP or the "Company")

Director Appointment

ACP Energy Plc (ACPE.L), a company set to capture value accretive opportunities in the resources sector, is pleased to announce that Pradipto "Prad" Mazumder has been appointed as an Independent Non-Executive Director with immediate effect.

Mr. Mazumder is the former Asia Head of Commodities Origination & Structuring at Morgan Stanley, Deutsche Bank, having started his investment banking career with Merrill Lynch in London. He successfully deployed in excess of US$3.5 Billion in Asia Pacific middle market resources space. He has a strong deal origination and structuring track record, having closed multiple award-winning mining finance and risk management transactions. Mr. Mazumder has a Chemical Engineering degree from the Indian Institute of Technology, postgraduate education in finance from Bayes Business School & Oxford University, and a CFA in ESG Investing.

Paul Welch, ACP's Chairman, said:

"On behalf of everyone at ACP, I am delighted to welcome Prad onto the Board. He brings a wealth of experience gained over his impressive career in the industry, including in a number of senior leadership roles.  I have no doubt that his technical, financial and capital market experience will ensure he will quickly make a meaningful contribution as we continue to deliver value from our assets."  

For further information:

www.acpenergyplc.com

ACP Energy

Paul Welch, Chairman                                                    +44 207 193 2376 / [email protected]                   

Celicourt Communications                                           +44 207 770 6424 / [email protected]

Mark Antelme / Jimmy Lea                         

Additional Information:

The information detailed below is disclosed in accordance with Rule 17 and paragraph (g) of Schedule Two of the AIM Rules. Except for the information disclosed below, there is no other information which is required to be disclosed under these rules.

Pradipto Mazumder, age 56, has the following additional current and former directorships:

Tristream Resources

Tristream Capital