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Kistos appoints Stephen Pawson as board NED

Kistos Holdings plc has appointed Stephen Pawson to the board as an independent non-executive director with immediate effect.

He replaces Julie Barlow, who today steps down to focus on other professional commitments.

“I would like to express a huge debt of gratitude to Julie, who has served Kistos tirelessly since its inception in 2020,” said executive chairman Andrew Austin.

“Her contribution over the past four years helped the business navigate its IPO and first acquisition, as well as the subsequent expansion into two new countries and into the gas storage industry.”

Mr Pawson has 40 years’ finance experience in oil and gas exploration and production.

He spent ten years both with Phillips Petroleum and ARCO British, in various financial roles within the UK and overseas.

He then joined Star Energy, where he set up the finance function and was involved in its IPO in 2004, which was the largest on AIM that year.

From 2017 to 2019, Mr Pawson was the finance director of RockRose Energy plc where he was again involved in establishing the finance function, incorporating several acquisitions, and in various funding/financing activities.

In August 2023, he was appointed a non-executive director of Axies Ventures Ltd, a start-up company involved in non-ferrous minerals exploration.