TIDMWEN

RNS Number : 1819T

Wentworth Resources PLC

13 November 2019

PRESS RELEASE 13 November 2019

WENTWORTH RESOURCES PLC

("Wentworth" or the "Company")

Directorate Change

Wentworth (AIM: WEN), the AIM listed independent, East Africa-focused oil & gas company announces that Eskil Jersing, Chief Executive, is stepping down from the Board and leaving the Company with immediate effect.

Katherine Roe, currently Wentworth's Chief Financial Officer, has been appointed as Interim Chief Executive. Katherine will retain oversight of the finance function as part of her new role, with full support from the Board.

Bob McBean, Chairman, commented:

"We thank Eskil for his efforts to move Wentworth forward and wish him the best for his future endeavours. I am delighted Katherine will be stepping up and providing continuity as she addresses the opportunities ahead for Wentworth, supported by a long standing and trusted team in both Tanzania and the UK, and assisted by our experienced Board. We look forward to continuing to develop the business, building on our financially robust platform underpinned by strong revenue generation enabling the Company to issue its maiden dividend last month."

   -      Ends - 
 
Enquiries:                         Katherine Roe,                             katherine.roe@wentplc.com 
 Wentworth                          Interim CEO and Chief Financial Officer    +44 (0)118 2065428 
 
 
                                     AIM Nominated Adviser and Joint Broker 
                                     Callum Stewart 
                                     Ashton Clanfield 
  Stifel Nicolaus Europe Limited     Simon Mensley                              +44 (0) 20 7710 7600 
 
                                   Joint Broker 
                                    Richard Crichton 
 Peel Hunt LLP                      James Bavister                             +44 (0) 20 7418 8900 
 
                                     Investor Relations Adviser 
                                     Patrick d'Ancona 
  Vigo                               Chris McMahon                              +44 (0) 20 7390 0230 
 

About Wentworth Resources

Wentworth Resources is a publicly traded (AIM: WEN), independent oil & gas company with natural gas production, exploration and appraisal opportunities in the Rovuma Delta Basin of coastal southern Tanzania.

Inside Information

The information contained within this announcement is deemed by Wentworth to constitute inside information as stipulated under the Market Abuse Regulation (EU) no. 596/2014 ("MAR"). On the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

-Ends-

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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November 13, 2019 02:01 ET (07:01 GMT)

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