(Alliance News) - Barryroe Offshore Energy PLC on Wednesday said its Chief Financial Officer Simon Brett plans to step down on February 28, 2023.

Barryroe is a Dublin-based oil & gas exploration company, previously known as Providence Resources PLC. Its shares were down 4.3% to 3.21 pence each in London on Wednesday morning.

The company said that it will finalise its succession planning for the CFO role over the coming weeks.

In November, Barryroe's chair James Menton stepped down, after 15 months in the role.

By Sophie Rose, Alliance News reporter

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