Nominated Adviser Status

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: [phone]
Nick Latham, Chairman David Dunmow, Finance Director
Northland Capital Partners Limited Nominated Adviser and Broker	Tel: [phone]
Matthew Johnson / Edward Hutton Abigail Wayne / Rob Rees

 

END

 

 

MSCUAURRWRAUAUA