RNS Number : 2366J
Dominion Petroleum Limited
28 November 2008
28 November 2008
Dominion Petroleum Limited
('Dominion' or 'the Company')
Statement relating to Non-Executive Director
Dominion has reluctantly accepted with immediate effect the resignation as a non-executive director of Mr Daniel Yona. Mr Yona's resignation follows his arrest in Dar es Salaam, Tanzania, on charges of abuse of office occasioning loss of income tax revenue as a result of tax exemptions granted in relation to gold production assaying.
Dominion understands that the charges, which Mr Yona has denied, relate to a period during which he was the Minister of Energy and Minerals before he joined the Board of the Company and have nothing to do with his position as a director of Dominion. Dominion has reluctantly accepted his resignation whilst Mr Yona seeks to clear his name.
Dominion will make further announcements on this matter if it proves necessary to do so.
ENQUIRIES:
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Dominion Petroleum Limited
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Mike Garland, Chief Executive
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+44 (0) 20 7811 5300
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Rob Shepherd, Finance Director
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Pelham Public Relations
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Archie Berens
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+44 (0)20 7743 6679 / +44 (0)7802 442 486
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Seymour Pierce Limited
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+44 (0)207 107 8000
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Corporate Finance
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Nandita Sahgal, Christopher Wren
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Corporate Broking
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Richard Redmayne / David Banks
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Tristone Capital Limited
Nick Morgan
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+44 (0)207 355 5800
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ABOUT DOMINION PETROLEUM
See www.dominionpetroleum.com
This information is provided by RNS
The company news service from the London Stock Exchange
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