JKX Oil & Gas plc announced that Tony Alves and Rashid Javanshir have been appointed as independent non-executive directors with immediate effect. Mr. Valceschini also becomes Chairman of the Board and Mr. Alves Senior Independent Director. The Company also announced the board committee appointments of Nomination Committee: including Charles Valceschini (Committee Chairman), Tony Alves, Dr. Rashid Javanshir, Michael Bakunenko, Victor Gladun; Remuneration Committee: Dr. Rashid Javanshir (Committee Chairman), Charles Valceschini, Tony Alves; Audit Committee: Tony Alves, (Committee Chairman), Dr. Rashid Javanshir.

In addition, Victor Gladun, General Director of the Company's main operating subsidiary, Poltava Petroleum Company, has been appointed Chief Executive Officer of the JKX Group. Victor held this role in an interim capacity for a period during 2017 and 2018. These appointments are made with immediate effect.