Ascent Resources plc

("Ascent" or "the Company")

Appointment of Director

Ascent, the AIM listed European oil and gas exploration and production company, is pleased to announce the appointment of Colin Hutchinson as Finance Director with immediate effect.

Colin currently serves as Group Financial Controller of Ascent and Company Secretary, positions he has held since March 2013.

Prior to joining Ascent, Colin served as financial controller at Lochard Energy plc and finance director at Samba Communications. He has been a non-executive director of Iafyds plc (formerly VPhase plc) since February 2014. Colin is a chartered accountant with an MBA from Warwick Business School.  He has over 15 years of international experience gained in commercially orientated finance roles.  

Save as disclosed below there are no additional disclosures to be made in accordance with paragraph (g) of Schedule 2 of the AIM rules.

Colin Hutchinson, FCA, aged 38, has the following current directorships:

Culmore Ltd

Iafyds plc

Former directorships held in the last five years:

None

Colin has no shareholding in the Company.

Clive Carver, non-executive Chairman, commented:

"I am delighted that Colin is joining the Board. He has been an integral part of the management team since he first joined the Company and we look forward to his input in board discussions."

Ascent Resources plc.

Clive Carver

Tel: +44 (0)20 7251 4905

finnCap (Nominated Adviser and Broker)

Charlotte Stranner / Matthew Robinson 

Tel: +44 (0) 20 7220 0500


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