Latham(James) PLC Nominated Adviser Status (1773K)
12 December 2018 - 6:00PM
UK Regulatory
TIDMLTHM
RNS Number : 1773K
Latham(James) PLC
12 December 2018
12 December 2018
James Latham plc
("James Latham" or the "Company")
Nominated Adviser Status
James Latham 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 7.00 a.m. 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.
Furthermore, the Company recognises that Northland's merger with
SP Angel remains subject to regulatory approvals and due diligence.
In accordance with AIM Rule 1, in the unlikely 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.
Enquiries:
James Latham plc Tel: 01442 849 100
Nick Latham, Chairman
David Dunmow, Finance Director
Northland Capital Partners Limited Tel: 0203 861 6625
Nominated Adviser and Broker
Matthew Johnson / Edward Hutton
Abigail Wayne / Rob Rees
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END
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