TIDMBLVN

RNS Number : 8512D

Bowleven plc

02 November 2020

2 November 2020

Bowleven plc

('Bowleven' or 'the Group' or 'the Company')

Board Change

Bowleven plc is pleased to announce the appointment of Jack Arnoff to the Board of the Company as a Non-Executive Director with immediate effect.

Jack has a wealth of knowledge and experience in investment and asset management. He has played a key role in product development and marketing of emerging markets products. He currently holds the position of co-founder and Partner at Elbrus Capital Partners LLP and Portfolio Manager for ECP Emerging Europe Value Fund. Jack has an intimate understanding of the sector and key relationships with relevant institutions that will bode well for supporting Bowleven as it seeks both project financing and Final Investment Decision on Etinde.

Commenting on the appointment, Bowleven's CEO, Eli Chahin, said:

"We are pleased to welcome Jack to the Board. Jack brings a wealth of experience and has extensive relationships in the global energy sector and with capital providers. As a member of the Board, Jack will bring a unique set of experiences, diverse perspective and guidance to help drive the Company towards its strategic Etinde growth plan."

Additional information:

 
 Name                                    Jack Arnoff 
 Age                                     54 
                                        ------------------------------- 
 Current Directorships / Partnerships    Elbrus Capital Partners LLP 
 
                                          Elbrus Capital (Cayman) Ltd 
 
 Former Directorships / Partnerships     ECP Emerging Europe Value Fund 
  (in last 5 years)                       Ltd (Cayman) 
                                        -------------------------------

Save for the above, there is no further information that is required to be disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies with respect to the appointment.

ENQUIRIES

For further information, please contact:

 
 Bowleven plc 
 Eli Chahin, Chief Executive         00 44 20 3327 0150 
 
 Celicourt Communications Ltd 
 Mark Antelme                        00 44 20 8434 2643 
 Jimmy Lea 
 
 Shore Capital (NOMAD and Broker) 
 Antonio Bossi 
  Robert Finlay                      00 44 207 601 6100

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END

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November 02, 2020 02:00 ET (07:00 GMT)

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