Directorate Change
Non-executive Director Claudio Coltellini resigned from the board effective immediately.
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ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resource investing company, announces that Claudio Coltellini, a Non-executive Director of the Company, has stepped down from the Board of the Company effective immediately to pursue other opportunities.
- Coltellini is a director of OFX Holdings, LLC, a Texas limited liability company and substantial shareholder of the Company. Following the resignation of Mr. Coltellini, the Board of Directors of the Company will consist of three members with two independent directors.
Commenting on the resignation of Mr. Coltellini, Lord Henry Bellingham said: "We sincerely appreciate the contributions and support that Claudio has provided to the Company and wish him well in all his future endeavours".
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