Mustang Energy PLC Appointment of Non-Executive Director (1715N)
18 Mayo 2020 - 1:00AM
UK Regulatory
TIDMMUST
RNS Number : 1715N
Mustang Energy PLC
18 May 2020
Monday 18 May, 2020
Mustang Energy PLC
Mustang Energy PLC
18 May 2020
Mustang Energy PLC
Appointment of Non-Executive Director
Mustang Energy PLC (the "Company" or "Mustang"), a special
purpose acquisition company, is pleased to announce the appointment
of Ms Jacqueline Yee as a non-executive director with immediate
effect. As advised in its Annual Report released on 13 May 2020 the
recent collapse in oil prices has prompted the Company to expand
the search for a suitable acquisition to outside the energy
sector.
Ms Yee is based in Singapore after relocating from Australia in
2019 following almost 15 years based in Europe, prior to which she
worked in the Asia Pacific region for almost 12 years. She has a
global track record in mergers, acquisitions, restructurings and
structured finance delivering improved returns in both the private
and public capital markets.
She has global insights, local knowledge in multiple sectors and
has worked in the United Kingdom, Europe, USA, Asia, Middle East,
Australia and New Zealand. She is an articulate communicator and
trusted 'go-to' problem-solver. She has a global network of
institutional investors, funds, banks, family offices and service
providers, having advised and financed more than $25 billion in
assets worldwide.
Ms Yee focuses on generating "win-win" outcomes for stakeholders
demonstrated by having: -
Ø Advised on restructuring public-to-private and recapitalised
distressed assets; improving value by in excess of $0.5 billion
for all stakeholders;
Ø Structured and arranged financing in EMEA-USA for more
than GBP1 billion PPPs, securing global syndicates of banks
and private capital alongside government participation;
Ø Originated and grew merger and acquisition special
situations through the global financial crisis and beyond
enhancing asset values by more than 15%;
Ø Executed more than $3 billion in energy and oil and
gas advisory and project finance across EMEA, e.g. Egypt-Italy
LNG; Qatar's Qatofin and QChemII. Advised, arranged and coordinated
global funding syndicates. Structured underwriting.
She is a Mentor to DeepTech Start-Ups on Singapore IoT Tribe
Accelerator programs and an Enabler Member of The Global Fintech
Connector.
Ms Yee is fluent in multiple Asian and European languages and
presents globally, she has also authored reports that have been
implemented in institutional and public policies. Her most recent
positions are: -
* Managing Director at Macallan Capital;
* Senior Director at BNP Paribas-Fortis;
* Assistant Director at Société
Générale Investment Bank;
* Assistant Director at Paladin Australia
Infrastructure Investment Group;
* Senior Manager at Bankers Trust Alex. Brown; and
* Head of Special Reviews (Financial Consulting and
Technology Consulting Teams) at Ernst & Young.
Ms Yee will be issued 350,000 Options, on the same terms and
conditions as the existing 900,000 Options granted on issue. Each
Option entitles the Option Holder to subscribe for one Ordinary
Share at GBP0.10 per each Ordinary Share. The Options vest when the
share price of the Ordinary Shares reaches GBP0.15. The Option
Holder must exercise the Options within a five-period period from
29 July 2019, subject to the Options having vested.
Commenting, Dean Gallegos, Managing Director of the Company,
said: " Jacqueline's appointment will significantly expand the
pipeline of opportunities available for consideration by the
Company. It enhances the experience of the board and gives the
Company the ability to assess opportunities in a wide range of
sectors, conduct due diligence and ultimately finance a suitable
acquisition".
There are no further details required to be disclosed pursuant
to Listing Rule 9.6.13 in connection with Ms Yee's appointment.
ENQUIRIES
For further information, please visit www.mustangplc.com ,
follow us on Twitter @Mustang_Plc , or contact:
Mustang Energy PLC
Dean Gallegos, Managing Director
dg@mustangplc.com
+61 416 220007
Optiva Securities (Broker)
Jeremy King
Jeremy.king@optivasecurities.com
+44(0)203 137 1904
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END
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