30th Sep 2015 11:27
LONDON (Alliance News) - Sirius Petroleum PLC Wednesday said Finance Director Stephen Fletcher has resigned from the company.
Chairman Jack Pryde will assume the responsibilities of finance director while the board reviews a suitable replacement.
The company said it will issue Fletcher with 22.8 million shares at 0.5 pence each in settlement of his salary and other amounts owed to him, worth GBP114,000.
Shares in Sirius were trading up 7.1% at 0.450 pence Wednesday afternoon.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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