Avance Gas Holding Ltd: Change in Director Appointment

Group 1 - The Board of Directors of Avance Gas Holding Ltd has appointed James Ayers and Jonathan Burnett as new Directors, while accepting the resignations of Øystein Kalleklev, Will Homan-Russell, François Sunier, and Kathrine Fredriksen [1] - James Ayers and Jonathan Burnett are currently the CEO and CFO of Front Ocean Management Ltd, which provides corporate and directorship services to Avance Gas and its affiliates [2] - The changes in directorship are part of the preparatory steps for the proposed liquidation of the company, as indicated in a previous press release regarding the winding-up process [3]