Untitled
31 May 2016
Jupiter Energy Limited ("Jupiter" or the "Company")
RETIREMENT OF DIRECTOR
Ground Floor 10 Outram Street West Perth WA 6005
PO Box 1282
West Perth WA 6872 Tel: +61 8 9322 8222
Fax: +61 8 9322 8244
www.jupiterenergy.com
Jupiter Energy Limited (ASX: "JPR", AIM: "JPRL" and KASE: "AU_JPRL") announces that Non-Executive Director Alastair Beardsall, the appointed Board representative of Waterford Petroleum Limited, the Company's largest shareholder, will be retiring from the Company with immediate effect for personal reasons. Mr Beardsall will also retire from the boards of all Jupiter subsidiaries.
Executive Chairman Geoff Gander said, "It has been a privilege to work with and learn from Alastair since he joined the Jupiter Board in 2010. We wish Alastair every success in the future and thank him for his strong governance and leadership these last six years."
The Company is reviewing the composition of the board and will update shareholders in due course.
Geoff Gander Chairman/CEO
ENDS
Enquiries:
Jupiter Energy (+61 89 322 8222)
Geoff Gander ([email protected])
About the Company:
Jupiter Energy Limited is an oil exploration and production company, quoted on the AIM, ASX and KASE markets. The Company is focused on developing its onshore assets in western Kazakhstan. In 2008 the Company acquired 100 per cent of the Block 31 permit, located in the oil-rich Mangistau Basin, close to the port city of Aktau.
Jupiter has a proven in-country management team, led by an experienced, international Board, together possessing the skills, knowledge, network and attention to detail needed to operate successfully in Kazakhstan. The forward plan will see Jupiter develop a group production facility on Block 31 to process, store and export oil. This topside infrastructure is a key element in moving to long-term production and the achievement of self-funding for further development of Block 31.
Appendix 3Z Final Director's Interest Notice
Appendix 3Z
Final Director's Interest Notice
Rule 3.19A.3
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.
Name of entity Jupiter Energy Limited
ABN 65 084 918 481
We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.
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Name of director
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Alastair Beardsall
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Date of last notice
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11 November 2013
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Date that director ceased to be director
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31 May 2016
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Part 1 - Director's relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
Number & class of securities
N/A
+ See chapter 19 for defined terms.
11/3/2002 Appendix 3Z Page 1
Appendix 3Z
Final Director's Interest Notice
Part 2 - Director's relevant interests in securities of which the director is not the registered holder
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Name of holder & nature of interest
Note: Provide details of the circumstances giving rise to the relevant interest
Shares held within self-invested pension plan (SIPP) known as "Alastair Beardsall SIPP"
Number & class of securities
1,250,000 fully paid ordinary shares
Part 3 - Director's interests in contracts
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Detail of contract
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N/A
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Nature of interest
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Name of registered holder (if issued securities)
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No. and class of securities to which interest relates
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+ See chapter 19 for defined terms.
Appendix 3Z Page 2 11/3/2002