Block Energy plc announces that, William McAvock, Chief Financial Officer, has agreed to resign from the board with effect from 30 September 2022, following the publication of the Company's interim results for the six months period ended 30 June 2022. This is a consequence of the Company's decision to make the position of Chief Financial Officer redundant, as part of the Company's continuing efforts to improve efficiency across its business. William's existing responsibilities will be transferred to the CEO, the finance and commercial teams, and existing external advisors and overseen by the Company's financially experienced non-executive directors.

During his service of over three years, William was instrumental in the acquisition and integration of licences IX and XIB into Block's portfolio and in improving efficiencies across the Company.