Amedeo Air Four Plus Limited Termination of agreement with Nimrod Capital LLP (6130P)
18 February 2021 - 11:52PM
UK Regulatory
TIDMAA4
RNS Number : 6130P
Amedeo Air Four Plus Limited
18 February 2021
AMEDEO AIR FOUR PLUS LIMITED (the "Company")
(LSE: AA4, LEI: 21380056PDNOTWERG107 )
Termination of agreement with Nimrod Capital LLP ("Nimrod")
The Company announces that it has today entered into an
agreement with Nimrod to terminate Nimrod's appointment as sole
corporate and shareholder advisor to the Company with effect from
31 January 2021 and settle outstanding matters between them (the
Termination Agreement).
Under the Termination Agreement, the Company will make a payment
of GBP9.45 million and issue 5,975,000 new shares to Nimrod as a
complete settlement of contractual obligations to Nimrod. Nimrod
has undertaken to the Company not to dispose of the said shares for
a period of 12 months (subject to certain customary
exceptions).
Application will be made to the London Stock Exchange for the
5,975,000 new shares to be issued to Nimrod to be admitted to the
Specialist Fund Segment of the London Stock Exchange's Main Market
(Admission). It is expected that Admission will become effective on
23 February 2021.
The Company thanks Nimrod for its contribution to the Company
since its inception, and Nimrod wishes the Company well over the
years to come.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014 on market abuse
(MAR).
For further information, please contact:
Enquiries: JTC Fund Solutions (Guernsey) Limited Tel: +44
(0)1481 702400
The person arranging release of this announcement on behalf of
the Company is Ashley Senner of JTC Fund Solutions (Guernsey)
Limited.
END OF ANNOUNCEMENT
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