19th Jun 2009 16:20
For immediate release
FORUM ENERGY plc
('Forum' or the 'Company')
Appointment of Director
Forum is delighted to announce the appointment of Mr. Roberto V. Ongpin as a Non-Executive Director of the Company.
Mr. Ongpin is currently Vice Chairman of Philex Mining Corporation, a company that, through its subsidiaries Philex Petroleum Corporation and FEC Resources, Inc, has an interest in 18,483,511 ordinary shares of Forum, representing 61.44% of the issued share capital of the Company.
Mr. Ongpin is also presently Deputy Chairman of the South China Morning Post (Hong Kong), Director of Shangri-La Asia (Hong Kong), Petron Corporation, Araneta Properties, Inc. as well as Chairman of Philweb Corporation, ISM Communications Corporation, Eastern Telecommunications Philippines, Inc., Alphaland Corporation and Developing Countries Investment Corporation.
He was former Chairman and Managing Partner of SyCip Gorres Velayo & Co. and served as Minister of Trade and Industry of the Republic of the Philippines from 1979 to 1986. He is a Certified Public Accountant and has an MBA from Harvard Business School.
For further information please contact:
Forum Energy PlcAndrew Mullins, Tel: +44 (0)1932 445 344Executive Director
Noble & Company Ltd (Nominated Adviser & Broker)Brian Stockbridge Tel: +44 (0)20 7763 2200 Jarod Casey
Or visit the Company's website:www.forumenergyplc.com
Additional information
In accordance with Schedule 2(g) of the AIM Rules the following information in relation to the appointment of Roberto V. Ongpin (aged 72) to the Board of Forum is disclosed:
Current directorships and partnerships:
Hong Kong
South China Morning Post
Shangri-La Asia
Philippines
Philweb Corporation
ISM Communications
Eastern Telecommunications Philippines Inc (ETPI)
Alphaland Corporation
Philex Mining Corporation
Petron Corporation
Araneta Properties, Inc.
Bahamas
Developing Countries Investment Corporation
Directorships and partnerships held in the past five years:
n/a
Save for the information disclosed above there is no other information falling to be disclosed under Schedule 2(g) of the AIM Rules.
Related Shares:
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