Saffron Energy appoints Fiona MacAulay and Marco Fumagalli to its Board as Non-Executive Directors alongside James Parsons as Non-Executive Chairman

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– ITALY, Roma – Saffron Energy PLC (AIM:SRON), is pleased to announce, further to the transaction announced on October 5 (the “Transaction”), the following changes to the Board of the Company:

• James Parsons, Chief Executive Officer of Sound Energy plc and Chairman of Echo Energy plc has been appointed as Non Executive Chairman of the Company
• Fiona MacAulay, Chief Executive Officer of Echo Energy plc, has been appointed as a Non Executive Director of the Company
• Marco Fumagalli, Managing Director of Continental Investment Partners, has been appointed as a Non Executive Director of the Company
• David Garland has stepped down from the role of Chairman but remains on the Board as a Non Executive Director until completion of the Transaction
• Kevin Bailey has stepped down from the role of Non Executive Director but remains on the Board as an observer until shareholder approval of the Transaction

Sara Edmonson will continue in her role as Chief Executive Officer and a Director of the Company whilst Michael Masterman will step down from the board with immediate effect and Christopher Johannsen will step down from the Board with effect from 31 December 2017.… => Read more

Saffron Energy appoints Fiona MacAulay and Marco Fumagalli to its Board as Non-Executive Directors alongside James Parsons as Non-Executive Chairman

From:: Saffron Energy appoints Fiona MacAulay and Marco Fumagalli to its Board as Non-Executive Directors alongside James Parsons as Non-Executive Chairman