EnQuest plc senior independent director Karina Litvack bought 360,000 ordinary shares in the company each of £0.05 at a price of 0.1387 per share. Ms Litvack, who on 15 September was appointed chair of the remuneration and social responsibility committee, made the purchase on 29 November 2023.
Tag: EnQuest plc
EnQuest appoints Salman Malik as CEO of Veri
EnQuest plc has appointed chief financial officer and managing director, infrastructure and new energy Salman Malik as chief executive officer of its wholly owned subsidiary Veri Energy. Veri will manage EnQuest’s existing infrastructure and new energy business as part of EnQuest’s ambitions to build an infrastructure and new energy business in a “capital-light manner”. At […]
EnQuest appoints Karina Litvack as NED-senior independent director
EnQuest plc has appointed Karina Litvack as a non-executive director (NED) and senior independent director from 15 September 2023. She will also chair the remuneration and social responsibility committee. Ms Litvack’s career has focused on climate transition and business resilience. She was founding chairman of the Climate Governance Initiative, a collaboration with the World Economic […]
EnQuest plans exit from Nasdaq Stockholm
EnQuest plc plans to delist from Nasdaq Stockholm because of additional compliance costs when it no longer had a legal or physical presence in Sweden. EUROPEAN UNION The company depends on external support to ensure compliance with Nasdaq Stockholm, which had created the additional unexpected expense. The formal application for delisting will be submitted to […]
EnQuest appoints Michael Borrell as NED
EnQuest plc has appointed Michael Borrell as a non-executive director with effect from 5 September 2023. He will also the sustainability committee and governance & nomination committee. Mr Borrell is an operator of large-scale exploration and production assets with more than 35 years’ experience at TotalEnergies, including managing the integration of the Maersk Oil business. […]
EnQuest agrees second lien loan of up to $150m
EnQuest plc has agreed a loan of up to $150 million, including $9m from its chief executive officer’s family, as a secured second lien instrument. DOUBLE A Mature in July 2027, the loan ranks junior to the group’s existing $500m reserve based lending facility (RBL) of which the company had drawn $240m as at 31 […]