Cogenpower PLC Disposal Completed, Change of Name, New Website (3333Y)
05 December 2017 - 2:46AM
UK Regulatory
TIDMCGP
RNS Number : 3333Y
Cogenpower PLC
04 December 2017
FOR IMMEDIATE RELEASE
4 December 2017
Cogenpower plc
(the "Company" or the "Group")
Completion of Disposal of Cogenpower SRL
Change of name to Monreal plc
New website
Completion of the Disposal
The Board announces that the Disposal by the Company of
Cogenpower srl completed today. Francesco Vallone has ceased to be
a director of the Company with effect from today.
Following Completion of the Disposal, the Company is now an AIM
Rule 15 cash shell and as such will be required to make an
acquisition or acquisitions which constitutes a reverse takeover
under AIM Rule 14 (including seeking re-admission as an investing
company (as defined under the AIM Rules)) on or before the date
falling six months from completion of the Disposal or be
re-admitted to trading on AIM as an investing company under the AIM
Rules (which requires the raising of at least GBP6 million) failing
which, the Company's Ordinary Shares would then be suspended from
trading on AIM pursuant to AIM Rule 40. Admission to trading on AIM
would be cancelled six months from the date of suspension should
the reason for the suspension not have been rectified.
Change of Name and new Website
The change of the Company's name to Monreal plc and Tradeable
Instrument Display Mnemonic on AIM to "MORE" takes effect from 5
December 2017. The Company's ISIN remains unchanged.
As from 5 December 2017, a new website in compliance with AIM
Rule 26 will be available at www.monrealplc.com.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
Further enquiries:
Cogenpower plc and/or Martin Groak +44 (0) 20 7469
Monreal plc 0930
info@monrealplc.com
Beaumont Cornish Limited Roland Cornish +44 (0)20 7628
(Nominated Adviser) / Michael 3396
Cornish www.beaumontcornish.co.uk
Peterhouse Corporate Heena Karani
Finance Limited (Broker) Lucy Williams +44 (0) 20 7469 0930
This information is provided by RNS
The company news service from the London Stock Exchange
END
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