Wrap Text
Resignation of Chief Financial Officer
Vivo Energy plc
(Incorporated in England and Wales)
(Registration number: 11250655)
(Share code: VVO)
LEI: 213800TR7V9QN896AU56
ISIN: GB00BDGT2M75
Vivo Energy plc (the "Company")
14 January 2022
Vivo Energy plc
LSE:VVO / JSE:VVO
Resignation of Chief Financial Officer
Vivo Energy plc (“the Company”), the pan-African retailer and marketer of Shell and Engen-branded
fuels and lubricants, announces that Doug Lafferty has resigned as Chief Financial Officer of the
Company to take up the position of CFO at Aston Martin Lagonda Group Holdings plc. He will remain
a Director of the Company until he leaves, which will be no later than 13 July 2022.
Doug will remain focused on the delivery of the Company’s full year results, due 2 March 2022, and
on ensuring the effective transition of his responsibilities.
The search for a new CFO is underway and a further update will be announced in due course.
Commenting on the announcement, Christian Chammas, CEO of Vivo Energy, said:
“Doug has made a big impact on our business, contributing significantly to the development of our
strategy and helping drive the continued recovery following the impacts of COVID-19. The Board and
I will be very sad to see him leave and wish him all the best for the future.”
Doug Lafferty, Chief Financial Officer, added: “I’m proud of how the recovery has continued
and the strong performance of the Company during my tenure. I firmly believe that the strategy is
right to provide long-term benefits to our customers and our broader stakeholders; and in the
significant long-term potential of Vivo Energy. I look forward to working with Stan Mittelman as he
takes over as CEO and wish Vivo Energy all the best for the future.”
Ends
Notes to editors:
Media contacts: Investor contact:
Vivo Energy plc Vivo Energy plc
Rob Foyle, Head of Communications Giles Blackham, Head of Investor Relations
+44 20 3034 3740 / +44 7715 036 407 +44 20 3034 3735 / +44 7714 134 681
rob.foyle@vivoenergy.com giles.blackham@vivoenergy.com
Tulchan Communications
Harry Cameron
+44 20 7353 4200
vivoenergy@tulchangroup.com
About Vivo Energy:
Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has
a network of over 2,400 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants
to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other
non-fuel services. It provides fuels, lubricants and liquefied petroleum gas (LPG) and solar energy solutions to business
customers across a range of sectors including marine, mining, construction, power, transport, wholesalers and manufacturing.
The Company employs around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity and has
a joint venture, Shell and Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded lubricants.
Vivo Energy plc has a primary listing on the London Stock Exchange, and is a member of the FTSE 250 index, with a secondary
inward listing on the Johannesburg Stock Exchange.
For more information about Vivo Energy, please visit www.vivoenergy.com
Forward-looking statements:
This announcement includes forward-looking statements. These forward-looking statements involve known and unknown risks and
uncertainties, many of which are beyond the Company's control and all of which are based on the Directors' current beliefs and
expectations about future events. Forward-looking statements are sometimes identified by the use of forward-looking terminology such
as: "believe", "expects", "may", "will", "could", "should", "shall", "risk", "intends", "estimates", "aims", "plans", "predicts", "continues",
"assumes", "positioned", "anticipates" or "targets" or the negative thereof, other variations thereon or comparable terminology. These
forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this report
and include statements regarding the intentions, beliefs or current expectations of the Directors or the Group concerning, among other
things, the future results of operations, financial condition, prospects, growth, strategies of the Group and the industry in which it
operates.
No assurance can be given that such future results will be achieved; actual events or results may differ materially as a result of risks
and uncertainties facing the Group. Such risks and uncertainties could cause actual results to vary materially from the future results
indicated, expressed, or implied in such forward-looking statements.
Such forward-looking statements contained in this report speak only as of the date of this announcement. The Company and the
Directors expressly disclaim any obligation or undertaking to update these forward-looking statements contained in the document to
reflect any change in their expectations or any change in events, conditions, or circumstances on which such statements are based,
unless required to do so by applicable law.
JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
Date: 14-01-2022 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
