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VIVO ENERGY PLC - Confirmation of appointment of Chief Executive Officer

Release Date: 04/03/2022 09:00
Code(s): VVO     PDF:  
Wrap Text
Confirmation of appointment of Chief Executive Officer

Vivo Energy plc
(Incorporated in England and Wales)
(Registration number: 11250655)
(Share code: VVO)
LEI: 213800TR7V9QN896AU56
ISIN: GB00BDGT2M75




04 March 2022

                                         Vivo Energy plc
                                         LSE:VVO / JSE:VVO


             Confirmation of appointment of Chief Executive Officer

Vivo Energy confirms that as part of an orderly succession process, Stan Mittelman, who was
announced as Chief Executive Officer Designate in November 2021, has now been appointed as Chief
Executive Officer and joined the Board. His appointment took effect on 3 March 2022.

Stan succeeds Christian Chammas, who has resigned from the Board with effect from 3 March 2022,
but will remain available to support Stan over the coming months before retiring.

There are no other matters to disclose under Listing Rule 9.6.13 and further details relating to Stan’s
remuneration and Christian’s leaving arrangements can be found in the RNS released on 9 November
2021, and in the 2021 Annual Report due to be published on 9 March 2022, respectively.


                                              Ends
Notes to editors:

 Media contacts:                                                         Investor contact:
 Vivo Energy plc                                                         Vivo Energy plc
 Rob Foyle, Head of Communications                                       Giles Blackham, Head of Investor Relations
 +44 7715 036 407                                                        +44 20 3034 3735
 rob.foyle@vivoenergy.com                                                giles.blackham@vivoenergy.com

 Tulchan Communications
 Harry Cameron
 +44 20 7353 4200
 vivoenergy@tulchangroup.com

JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd




About Vivo Energy:

Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has
a network of over 2,450 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants
to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other
non-fuel services. It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of
sectors including marine, mining, construction, power, transport, wholesalers and manufacturing. The Company employs
around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity and has a joint venture, Shell and
Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded lubricants.

For more information about Vivo Energy, please visit www.vivoenergy.com

Forward-looking statements
This announcement includes forward-looking statements. These forward-looking statements involve known and unknown risks and
uncertainties, many of which are beyond the Company's control and all of which are based on the Directors' current beliefs and
expectations about future events. Forward-looking statements are sometimes identified by the use of forward-looking terminology such
as: "believe", "expects", "may", "will", "could", "should", "shall", "risk", "intends", "estimates", "aims", "plans", "predicts", "continues",
"assumes", "positioned", "anticipates" or "targets" or the negative thereof, other variations thereon or comparable terminology. These
forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this report
and include statements regarding the intentions, beliefs or current expectations of the Directors or the Group concerning, among other
things, the future results of operations, financial condition, prospects, growth, strategies of the Group and the industry in which it
operates.

No assurance can be given that such future results will be achieved; actual events or results may differ materially as a result of risks
and uncertainties facing the Group. Such risks and uncertainties could cause actual results to vary materially from the future results
indicated, expressed, or implied in such forward-looking statements.

Such forward-looking statements contained in this report speak only as of the date of this announcement. The Company and the
Directors expressly disclaim any obligation or undertaking to update these forward-looking statements contained in the document to
reflect any change in their expectations or any change in events, conditions, or circumstances on which such statements are based,
unless required to do so by applicable law.

Date: 04-03-2022 09:00:00
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