Cadogan Energy Solutions PLC on Monday said Chair Jacques Mahaux has resigned, after just four months in the role.

The Ukraine and Italy-focused oil and gas company said Mahaux will be replaced by Michel Meeus as interim chair. Meeus is a non-executive of the company, and was previously its chair.

Mahaux picked the role up at the start of the year, taking over from Meeus.

Its shares were flat at 2.03 pence each in London on Monday afternoon.

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