Directorate Change
Red Capital Plc has announced significant directorate changes with the immediate appointment of Scott Gilbert as Non-Executive Chairman and Greig Gilbert as Chief Executive Officer, both bringing extensive experience in the oil and gas sector, particularly in Latin America. Simon Webster has stepped down as Non-Executive Director, and David Williams has transitioned from Chairman to Non-Executive Director, continuing to support the company's new Venezuelan energy strategy. These appointments are in line with UK Listing Rule 6.4.
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Red Capital Plc (LSE: REDC, LEI: 213800O4A398G6GL7270, the "Company"), a Main Market listed acquisition company, announces that further to the announcement made on 27 April 2026, Scott Gilbert and Greig Gilbert have been appointed to the Board of the Company with immediate effect as Non-Executive Chairman and Chief Executive Officer respectively.
The Company also announces that Simon Webster has stepped down from the Board as Non-Executive Director, and that David Williams has moved from Chairman to Non-Executive Director with immediate effect. Mr Williams will continue to work with Scott and Greig in the delivery of the Company's new Venezuelan energy strategy.
Information pertaining to Scott Gilbert
Scott Gilbert is a British-Venezuelan investor, executive and entrepreneur. He is Chief Executive Officer of Corcel Plc (AIM: CRCL), an Africa and Latin America-focused oil & gas exploration and production company, and a co-founder of Group de Clermont Ltd, a family-owned investment holding company with interests in the energy sector across Africa and Latin America. Scott is also a co-founder and Non-Executive Director of AOT International Ltd and a Non-Executive Director of Conterp Group Plc. He brings almost 20 years of international oil and gas experience covering technical, commercial, M&A, leadership and executive roles.
Information pertaining to Greig Gilbert
Greig Gilbert is a British-Venezuelan investor, executive and entrepreneur. He is a co-founder of Group de Clermont, and currently serves as Chief Executive Officer of Conterp Group Plc, a leading onshore drilling and well intervention company with over 700 employees in Brazil and operations expanding across Latin America. Greig is also a co-founder and Non-Executive Director of AOT International Ltd, an oilfield technology company providing products and services to major exploration and production companies globally. He brings over 15 years of international business experience spanning manufacturing, commercial, M&A, corporate finance and executive leadership.
There are no further disclosures required in respect of Scott Gilbert or Greig Gilbert under UK Listing Rule ("UKLR") 6.4 and this announcement has been made in accordance with the requirements of UKLR 6.4.6 and 6.4.8.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.