8th May 2014 10:38
LONDON (Alliance News) - Xcite Energy PLC said Thursday it has appointed Timothy Jones as non-executive Chairman.
Effective May 7, Jones takes on the role from Roger Ramshaw who has retired as Chairman and from the board for personal reasons, with immediate effect.
Henry Wilson has also been appointed as a non-executive Director of the Company, also effective May 7, 2014.
Xcite said Jones has been a non-executive Director of the firm since 2009.
Shares in the company were trading 3.28% lower at 88.5 pence per share Thursday morning.
By Alice Attwood; [email protected]; @AliceAtAlliance
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