ALIEN METALS
Trading Symbols
AIM: UFO
FWB: I3A1
31 January 2019
Nominated Adviser Status - Update
Alien Metals Ltd (“Alien Metals†or the “Companyâ€) announces an update regarding the status of its Nominated Adviser (“Nomadâ€).
As previously announced, Northland Capital Partners Limited (“Northlandâ€), the Company’s current Nomad, 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 of Northland’s proposed merger with SP Angel Corporate Finance LLP.
Further to the Company’s announcement of 4 December 2018, the Company will not be in a positon to appoint a replacement Nomad before 7am on 1 February 2019. As such and in accordance with AIM Rule 1, trading in the Company’s AIM Securities will be suspended from 7.30am on 1 February 2019.
The Company will seek advice and consider its options to best preserve the interests of its shareholders, other stakeholders, and its long-term success. These options include seeking a replacement Nomad or applying for its securities to be admitted to trading on an alternative exchange.
If a replacement Nomad has not been appointed 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) 596/2014.
For further information please contact:
Alien Metals Limited Dennis Edmonds, Executive Chairman David Taylor, Company Secretary Tel: +44 (0)20 7887 6599 |
Northland Capital Partners Limited David Hignell / Jamie Spotswood Tel: +44 (0)203 861 6625 |