2 June 2016
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa" or "the Company")
Appointment of Chairman of WGP Group Ltd
The board of Thalassa is pleased to announce that Francis Smulders has been appointed Non-executive Chairman of Thalassa's wholly owned subsidiary WGP Group Ltd, with effect from 1 June 2016. Mr Smulders was appointed to the board of Thalassa on 21 June 2013, a position he will continue to hold. In his new role, Mr Smulders will provide strategic guidance and leadership to the WGP executive management team.
Thalassa' Chairman, Duncan Soukup commented "I am delighted that Francis has accepted the role of Non-executive Chairman of WGP Group Ltd. He has brought a wealth of experience in his position at Thalassa, which I am sure will be translated into success in this new role for WGP. I intend to remain on the board of WGP Group Ltd to support Francis as he assumes his new responsibilities and also to continue representing the interests of Thalassa's shareholders."
Investor Enquiries:
Thalassa Holdings Ltd
Duncan Soukup, Chairman +33 (0)6 78 63 26 89
WH Ireland Limited (Nominated Adviser and Broker)
Chris Fielding, Head of Corporate Finance +44 (0)207 220 1650
Press Enquiries:
Square1 Consulting (Public Relations)
David Bick +44 (0)207 929 5599
www.thalassaholdingsltd.com
Note to Editors:
Thalassa Holdings Ltd, incorporated and registered in the BVI and quoted on AIM, is a holding company with subsidiaries in the Energy Services and Defence and Homeland Security Industries, with a focus on marine seismic operations.
