Special Advisory: Wigton Windfarm Limited (WIG)

August 17, 2023

Wigton Windfarm Limited (WIG) has advised that on August 9, 2023, the Board of Directors, in an effort to restructure the operations for greater alignment with the strategic direction of the Company, approved changes in its organizational structure which will become effective September 1, 2023.

Three managers of WIG have been promoted to the following positions, Chief Financial Officer, Head of Energy and Legal Officer and Company Secretary.  A new position has also been added to the organizational chart of Business Development and Innovative Manager.

The Chief Financial Officer will be filled by Mrs. Shaun Treasure, the Company’s current Finance Manager and Company Secretary,

The Head of Energy will be filled by Ms. Michelle Chin Lenn, the Company’s current Project Manager; and

The Legal Officer and Company Secretary will be filled by Ms. Shaneek Clacken, the Company’s current Corporate Services Manager and Assistant Company Secretary.

All other Executive functions will remain the same.

WIG has also advised that the Board of Directors of the Company approved the appointment of Omar Azan as Chairman of the Nominations, Compensation and Human Resources Committee effective August 9, 2023.

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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