14th Oct 2013 07:00
14 October 2013
MAPLE ENERGY PLC
("Maple" or the "Company")
MANAGEMENT APPOINTMENTS
Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets and operations in Peru, is pleased to announce the following management appointments:
· Mr. Jim Pontiff, who currently serves as Chief Financial Officer, has been appointed to the position of Vice President of Business Development effective from 1 November 2013. Mr. Pontiff joined Maple in 2008 and served as the Chief Financial Officer and Adjunct General Manager of Maple's subsidiaries related to the ethanol business where he was actively involved in the execution of the initial ethanol project financing as well as serving as project manager for the plantation development. Mr. Pontiff earned a Bachelor of Science in accounting in 1984 from Louisiana State University. He is a Certified Public Accountant in the State of Texas.
· Mr. Alfonso Morante who currently serves as Vice President of Corporate Finance and Investor Relations has been appointed as the new Chief Financial Officer effective from 1 November 2013. Mr. Morante has been actively involved in the key financial activities of the Company since he joined Maple in 2001, including the recently announced Senior Secured Debt Financing for the Company's ethanol business. Mr. Morante, 38 years old, graduated from the Universidad del Pacífico in Lima with a degree in economics in 1997 and obtained a Masters of Business Administration degree from Thunderbird University (USA) and Tecnologico de Monterrey (Mexico) in 2007.
Mr. Pontiff and Mr. Morante will not be directors of the Company, and therefore no further disclosure is required pursuant to AIM Rule 17, Schedule Two (g).
For further information, please contact:
Maple Energy plc (+ 51 1 611 4000)
Guillermo Ferreyros, Chief Executive Officer, and Executive Director
Cenkos Securities plc (+44 20 7397 8900)
Jon Fitzpatrick
Ken Fleming
Related Shares:
MPLE.L