Three directors have resigned from energy company Renergen with immediate effect, which the company says is because it has changed from an exploration into a production company.

Nonexecutive directors Alex Pickard, Francois Olivier and Bane Maleke resigned and while it is unusual for three directors to leave at once, the company said this had been planned 12 months in advance due to the shift in strategy. Two new directors have been appointed...

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