– UK, London – Path Investments plc (LON: PATH), the energy and natural resources investment company, today announced the appointments to its Board of Jack Allardyce as an Executive Director and Nicholas Tulloch as a Non-Executive Director.
Mr Allardyce is being appointed with immediate effect and it is proposed that Mr Tulloch will join the Board on readmission of Path’s ordinary shares to trading on the London Stock Exchange.
“We are delighted to welcome both Nick and Jack to the Board. They both bring valuable experience of DTU, our forthcoming acquisition, to Path and shall play an important part in monetising the technology.” said CEO, Christopher Theis.
The company also announced that after four years as a Non-Executive Director of the Company, Tommaso Corrado has resigned from the Board with immediate effect in order to focus on his other business commitments.
Christopher Theis added: “We are sorry to be bidding farewell to Tommaso and would like to thank him for his hard work and commitment to the Company and wish him great success in his future ventures.”
About Jack Allardyce
Jack has over 15 years’ experience in natural resources, including 10 years as a leading oil and gas equity research analyst with a number of UK investment banks. He began his career as a process engineer working on North Sea projects, before joining the leading research and consultancy house Wood Mackenzie, specialising in European upstream and unconventionals. Jack’s skillset spans global asset evaluation, financial forecasting, petroleum economics, corporate advisory, M&A and equity capital markets. He graduated from Heriot-Watt University with a degree in Chemical Engineering.
About Nicholas Tulloch
Nick Tulloch has advised companies on the UK capital markets for over 20 years, working for several well-known investment banks and stockbrokers, including Cazenove, Arbuthnot, KBR and Cantor Fitzgerald. With a particular focus on oil and gas, Nick has worked on cross-border transactions in many parts of the world. In 2019 he became Finance Director and then subsequently CEO of Zoetic International plc transforming the company from its oil and gas roots to become the first vertically integrated CBD company to be listed in London. Nick began his career as a solicitor with Gouldens and he holds a master’s degree in law from Oxford University. Nick stood for parliament in 2017.
For more information: https://www.pathinvestmentsplc.com/
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