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InfraStrata Announces Board Change

19/12/2018

InfraStrata plc, the UK quoted company focused on the development of natural gas storage capacity, announces that Matthew Beardmore has provided notice to the Company of his resignation as a Non-Executive Director of the Company.  Matthew has reluctantly had to tender his resignation (initiating a one-month notice period from 18 December 2018) due to an ongoing serious illness of a close family member which is preventing him from spending the time required and undertaking the travel necessary to fulfil his role with InfraStrata.
 
John Wood, Chief Executive Officer, commented: 
"Matthew has been a tremendous asset to InfraStrata and has played a key role in all our EU related activities.  Matthew is providing a smooth hand-over of work that he has been undertaking in relation to the EU and this will be picked up by our other consultants who have been working in conjunction with Matthew in recent weeks.  We wish Matthew all the best for the future."
 
Graham Lyon, Chairman of the board, commented: 
"InfraStrata is moving forward at pace and the composition of the Board requires a mix of skill sets particularly as we move towards the financing and construction phase of our Islandmagee gas storage project.  We will look to strengthen the board with further independent non-executive directors in due course to complement the skills of the existing directors.  We wish Matthew well and thank him sincerely for his contribution over the last year; his counsel and advice have been exemplary." 

KeyFacts Energy Industry Directory: InfraStrata

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