Challenger Acquisitions Limited Corporate Update (8648A)
01 Octubre 2020 - 10:04AM
UK Regulatory
TIDMCHAL
RNS Number : 8648A
Challenger Acquisitions Limited
01 October 2020
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA
OR JAPAN.
For immediate release 1 October 2020
Challenger Acquisitions Limited
('Challenger' or the 'Company')
Corporate Update
Challenger Acquisitions Limited (LSE: CHAL) is pleased to
announce, further to its announcements dated 22 September 2020 and
28 September 2020, the following changes to the board of
directors:
Board Changes
Effective immediately, Mr. Mark Gustafson, the Chief Executive
Officer of the Company, has resigned from that position and also as
a director. Challenger has appointed two new directors, Mr. Jorgen
Andersson and Mr. Lars Frithiof.
Biographies of the two new directors
Jorgen Andersson
Mr. Andersson has a broad background in, and a strategic
knowledge of, the energy sector from a business and a governmental
policy perspective. He was a former Minister of Interior &
Minister of Energy in Sweden and was a member of the Swedish
Central Bank, Chairman of Vattenfall and a Director of
Sydkraft.
Lars Frithiof
Mr. Frithiof has a solid background in the energy sector both in
the Nordics as well as in Central Europe. In addition, he been
Deputy Chairman of the Swedish Pension Fund AP4 and several other
business organisations. Mr. Frithiof was the CFO and most recently
President & CEO of E.ON Sweden and a member of the Executive
Committee for E.ON AG, Dusseldorf.
Executive Changes
Effective immediately, Mr. Jorgen Andersson has been appointed
Chairman of Challenger and Mr. Lars Guldstrand ceased to be
Chairman and has been appointed Chief Executive Officer of
Challenger following the resignation of Mr. Gustafson.
Lars Guldstrand, Challenger's Chief Executive Officer, said, "We
welcome Jorgen Andersson and Lars Frithiof to the Challenger board.
Both appointments bring their solid experience in the energy
sector, both operationally, as well as from a strategic and
political perspective, to the Company. We would like to thank Mark
Gustafson who has served the Company with commitment and dedication
both historically and most recently by being instrumental in
advancing the reverse takeover process for the proposed acquisition
of Cindrigo Limited. We wish him well in all his future
endeavours."
**ENDS**
For more information visit www.challengeracquisitions.com or
enquire to:
St Brides Partners Ltd (PR)
Cosima Akerman +44 (0) 20 7236 1177
Challenger Acquisition Ltd
Jorgen Andersson
Cindrigo Limited +46 (0) 76 871 6373
Mustaq Patel +44 (0) 7408 886 668
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END
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October 01, 2020 11:04 ET (15:04 GMT)
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