Aminex appoints Sultan Al-Ghaithi to its Board as Non-Executive Director

– UK, London –  Aminex PLC (LON: AEX) today announced the appointment of Sultan Al-Ghaithi to its Board as a Non-Executive Director with effect from 1 August 2021.

“We warmly welcome Sultan back to the Board of Aminex and look forward to working with him again. Sultan’s significant technical and commercial experience and broad industry relationships will reinforce our efforts to enhance shareholder value.” said Executive Chairman, Charles Santos.

About Sultan Al-Ghaithi

Mr Al-Ghaithi has over 20 years of industry experience and is currently CEO of ARA Petroleum LLC. He is a wellsite engineer by background and has previously worked with Petroleum Development Oman and Weatherford International where he was Country and Area Manager in Oman. Mr. Al-Ghaithi previously served on the Board of Aminex between October 2017 and September 2019.

ARA Petroleum LLC is part of Oman’s headquartered Zubair Corporation group of companies which, through Eclipse Investments LLC, holds a beneficial interest of 28.35% of the Company’s issued share capital. Under the terms of the Shareholder and Relationship Agreement dated 8 July 2016, Eclipse has the right to appoint two directors. Along with James Lansdell, Mr. Al-Ghaithi is a representative director appointed by Eclipse. Mr. Al-Ghaithi will be proposed for election by shareholders at next year’s AGM.

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