Iafyds PLC Change of Adviser (6131T)
21 July 2015 - 5:25PM
UK Regulatory
TIDMIAF
RNS Number : 6131T
Iafyds PLC
21 July 2015
Iafyds PLC ("IAFYDS")
Appointment of Nominated Adviser and Broker
The Board is pleased to announce that finnCap Limited have been
appointed as Nominated Adviser and Broker to Iafyds with immediate
effect.
Iafyds is in advanced preparations to acquire a profitable UK
software business focused on remote data access.
The proposed transaction is conditional on completing
outstanding due diligence, shareholder approval and a funding
round.
Iafyds and the UK software business, together with their
respective institutional backers and professional advisers, are
expecting to announce the proposed transaction by the end of July
2015. Iafyds will apply for a restoration of trading of the
Company's shares on AIM on completion of the transaction.
While the Iafyds directors are hopeful that a transaction will
be completed as outlined above there can be no guarantee this will
be the case before the Company's listing on AIM is due for
permanent cancellation on 6 August 2015.
Contact:
Iafyds PLC
Clive Carver, non-executive Chairman 07743 897 081
finnCap Limited
Geoff Nash/ Giles Rolls 0207 220 0500
This information is provided by RNS
The company news service from the London Stock Exchange
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