Regulatory news announcement

Directorate Change

 
TIDMKEP 
 
17 September 2018 
 
Karoo Energy plc 
 
("Karoo Energy" or the "Company") 
 
Appointment of Non-Executive Director and Director Resignation 
 
Karoo Energy is pleased to announce the appointment of Darren Hopkins as a 
Non-Executive Director of the Company with immediate effect. 
 
Darren Hopkins aged 39 
 
Darren is a commercial, big 4 qualified chartered accountant with an expertise 
in Corporate Finance and a broad range of in-house and advisory experience. 
Darren has held positions in varying roles in private industry, having gained 
his early career financial related experience at Ernst Young LLP and PKF 
Littlejohn. Darren has also worked with numerous publicly traded entities in a 
consulting capacity. 
 
Current Directorships and             Past Directorships and Partnerships 
Partnerships                          over the last 5 years 
 
NYX Industries Ltd                    Ingenious Haus (UK) Ltd 
 
CK & D Consulting Limited             LPR Consulting LLP 
 
CKD & O Property Limited (Dormant)    Skywalker Investments Plc 
 
My Israel (Charity) 
 
There is no further information that is required to be disclosed pursuant to 
Paragraph 21, Appendix 1 of the NEX Exchange Growth Market Rules for Issuers. 
 
Noel Lyons, Chief Executive Officer of the company, commented: 
 
We are pleased to welcome Darren Hopkins to the board of Karoo Energy as 
Non-Executive Director. With the Company preparing to move to AIM, and with its 
current NEX Exchange operations, Darren will focus upon and strengthen the 
finance function and internal controls of the Company, thereby ensuring 
stringent corporate governance. 
 
The Company also announces the simultaneous resignation of Andrew Smith and the 
Company would like to thank him for his contribution to the Company since his 
appointment in September 2017. The Company anticipates making an additional 
appointment to further strengthen the Board in the near future. 
 
AIM Listing 
 
The Board continues to work towards an AIM listing which is now anticipated to 
occur in October 2018. The Company expects to publish its audited financial 
results to 30 April 2018 by the end of September. 
 
The Directors of the Company accept responsibility for the content of this 
announcement. 
 
ENQUIRIES: 
 
Company 
 
Karoo Energy plc 
 
Noel Lyons 
 
Telephone: 020 3130 0674 
 
Corporate Adviser 
 
Peterhouse Capital Limited 
 
Guy Miller / Mark Anwyl 
 
Telephone: 020 7220 9795 
 
 
 
END