14th Nov 2013 15:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
14 November 2013
MADAGASCAR OIL LIMITED
("Madagascar Oil" or the "Company")
Resignation of Director
Madagascar Oil (AIM:MOIL) today announces that Andrew Morris, Non-Executive Chairman of the Company, has, at the direction of Persistency Private Equity Limited, resigned from the board of directors of the Company and as Non-Executive Chairman, both with immediate effect.
The Company would like to express its thanks to Mr. Morris for his dedicated chairmanship of the Company during a period of significant change and progress.
Further announcements regarding the Board, including, inter alia, the Chairman role, will be made as and when appropriate.
- ENDS -
Contact Information:
Madagascar Oil Limited Iain Patrick, Director | +44 (0)20 3356 2731 |
Mirabaud Securities LLP Rory Scott | +44 (0)20 7878 3360 |
Strand Hanson Limited Stuart Faulkner James Dance | +44 (0)20 7409 3494 |
Bell Pottinger Pelham Mark Antelme Henry Lerwill | +44 (0)20 7861 3232
|
www.madagascaroil.com
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