CONOIL PLC – Notification of Resignation of Managing Director

Conoil Plc has notified The Nigerian Stock Exchange that its Board of Directors at a meeting held on 28^th August, 2015 accepted the resignation of the Company’s Managing Director, Mr. Sanjeev Sisaudia. The Company also stated that Mr. Charles Uwaechie, a Director of the Company, will be acting as the Managing Director pending the appointment of a substantive Managing Director by the Board.