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Melbana Energy Limited ( (AU:MAY) ) has issued an announcement.
Melbana Energy Limited has clarified the status of Andrew Purcell’s tenure as a director, in response to a request from the ASX. Mr. Purcell was last re-elected in 2018 and has since been appointed as Executive Chairman, a role equivalent to a managing director, which exempts him from re-election under ASX Listing Rule 14.4. This clarification confirms that Mr. Purcell holds the principal executive office, allowing him to exercise significant control and decision-making authority within the company.
More about Melbana Energy Limited
Average Trading Volume: 7,017,671
Technical Sentiment Signal: Sell
Current Market Cap: A$45.38M
Learn more about MAY stock on TipRanks’ Stock Analysis page.