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Matra Petroleum announces appointment of Non-Executive Director

Wednesday, December 12, 2012
  • Matthias Brandl has been appointed a Non-Executive Director of the Company with immediate effect.

Matra is pleased to announce that Matthias Brandl has been appointed a Non-Executive Director of the Company with immediate effect.

Matthias, aged 43, brings extensive and varied experience of the natural resources sector. He previously served as General Manager, Business Development for Rio Tinto where he was responsible for the identification, negotiation and execution of large M&A transactions. His primary geographical focus in this role was Russia, Africa and North America. Matthias also has extensive corporate finance experience, having previously worked for a number of leading financial institutions, including as Chief Investment Officer and Managing Director at Deutsche Bank AG London.

Maxim Barsky, Chief Executive of Matra, commented

"I am delighted to welcome Matthias to the Board of Matra. His expertise in the sector and extensive M&A experience will complement the growing team as we pursue a value accretive acquisition as part of our strategy to grow into a mid-cap E&P company."

Save as set out below no further disclosures are required to be made relating to Mr Brandl under Schedule 2(g) of the AIM Rules for Companies.

From February 2008 to December 2009, Mr Brandl was a Managing and Founding Partner (Geschäftsführer) of CHPartners GmbH, Basel, Switzerland.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

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