TLOU board shake-up 21/7/2025

Tlou Energy Ltd. ( TOU -19.35% ▼ ) has issued an update.Tlou Energy Limited has announced the appointment of Mr. Onalenna Martin **obake as a Non-Executive Director, nominated by a major shareholder, the Botswana Public Officers Pension Fund. Mr. **obake brings extensive experience in public service and finance, which is expected to benefit the company significantly. Additionally, the company has appointed Ms. Wedu Mbayi as the new Company Secretary, succeeding Mr. Colm Cloonan. These changes reflect a strategic reorganization of the board, with the retirement of two long-serving directors, Mr. Hugh Swire and Mr. Martin McIver. The board views these appointments and changes as a strong endorsement of Tlou Energy’s progress and potential, likely impacting its operations positively and reinforcing its position in the energy sector.More about Tlou Energy Ltd.Tlou Energy Limited is an energy development company focused on delivering reliable power solutions in Botswana and the broader southern African region. The company is advancing the development of its coal bed methane (CBM) resources to enhance energy security, economic growth, and long-term value creation for shareholders.Average Trading Volume: 395,582Technical Sentiment Signal: SellCurrent Market Cap: A$32.46M

Not to be confused with GG who remains in post afaics.