Edenville Energy PLC Nomad Status (0324K)
11 December 2018 - 6:01PM
UK Regulatory
TIDMEDL
RNS Number : 0324K
Edenville Energy PLC
11 December 2018
11 December 2018
EDENVILLE ENERGY PLC
("Edenville" or the "Company")
Nomad Status
Edenville Energy Plc (AIM: EDL) ('EDL' or 'the Company'), the
AIM quoted company developing a coal project in southwest Tanzania,
announces that the Directors have been advised by its current
nominated adviser ("Nomad"), Northland Capital Partners Limited
("Northland") of its proposed merger with SP Angel Corporate
Finance LLP ("SP Angel"). Northland has voluntarily agreed to
relinquish its Nomad status and will be removed from the register
of Nomads with effect from 7am on 1 February 2019.
As a result, it is the intention of the Directors to transition
the Company's Nomad role from Northland to SP Angel. This process
has already started and at present the Company anticipates a smooth
and orderly transition of the Nomad role.
However, the Company recognises that the merger remains subject
to regulatory approvals and due diligence. In accordance with AIM
Rule 1, if in the event that the Company fails to appoint a new
Nomad by 1 February 2019 the Exchange will suspend trading in the
Company's AIM Securities. In the event that the Company has failed
to appoint a replacement Nomad by 4 March 2019 the admission of its
AIM Securities will be cancelled.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU).
For further information please contact:
Edenville Energy Plc
Jeff Malaihollo - Chairman
Rufus Short - CEO +44 (0) 20 3934 6630
Northland Capital Partners Limited
(Nominated Adviser and Broker)
David Hignell
Gerry Beaney
Jamie Spotswood +44 (0) 20 3861 6625
IFC Advisory
(Financial PR and IR)
Tim Metcalfe
Graham Herring
Heather Armstrong +44 (0) 20 3934 6630
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
APPFFLFWSFASEDE
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