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16 March 2026
Pennpetro Energy Plc
("Pennpetro" or the "Company")
Changes to Board Directors
Pennpetro Energy plc, the company focused on developing strategic traditional and transition energy projects, confirms that as the company enters a new phase of development Board Director Robert Menzel has resigned effective Monday, 16th March, 2026.
Robert will be replaced on the Audit Committee by Non-Executive Director, Olof Rapp.
Richard Spinks, Executive Chairman said: "We feel, mutually, that it is the right time for Robert to move on and allow Mavriky and the incoming PPP team to progress with the new strategy, whilst Robert be free to pursue his own business interests independently."
ENDS
For further information, contact:
|
Pennpetro Energy Plc Richard Spinks |
c/o Camarco
|
|
OAK Securities - Broker Jerry Keen, Head of Corporate Broking |
+44 (0)20 3973 3678 |
|
Camarco - Financial PR Andrew Turner | Owen Roberts
|
+44 (0) 20 3757 4980
|
Pennpetro Energy PLC announced that Board Director Robert Menzel resigned, effective March 16, 2026. Non-Executive Director Olof Rapp will replace Robert Menzel on the Audit Committee.
| Date | 16 Mar 2026 |
| Time | 07:15:36 |
| Category | Board changes |
| ID | 7620W |