Ascent Resources plc announced that in recognition of the company's current funding position, management changes are being implemented with a view to conserving the Company's funding, in particular until the IPPC permit is awarded in final form. The principal change is that Len Reece, Ascent's CEO over the past 3 years, resigned as a Director of the Company on 14th August 2015 and the Company has commenced a redundancy process in relation to his role as CEO.