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San Leon Energy PLC (SLE)

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Friday 06 May, 2016

San Leon Energy PLC

Appointment of nominated adviser

RNS Number : 5747X
San Leon Energy PLC
06 May 2016
 

6 May 2016

 

San Leon Energy Plc

("San Leon" or "the Company")

 

Appointment of nominated adviser and joint brokers, directorate change and transaction update

 

 

Nomad Appointment

San Leon Energy Plc, the AIM listed company focused on oil and gas exploration and production in Europe and Africa, announces that it has today appointed SP Angel Corporate Finance LLP ("SP Angel") as its Nominated Adviser. 

 

Joint Broker Appointments

In addition to Brandon Hill Capital Limited, the Company has appointed SP Angel and Whitman Howard Limited as joint brokers with immediate effect.

 

Directorate Change

Piotr Rozwadowski has resigned from his Non-Executive Director position, effective 5th May 2016.  The Company is very grateful to Piotr for his years of service, and in particular his Polish industry expertise, and wishes him well for the future.

 

Proposed Board appointments to strengthen the Board will be announced at the same time as the publication of the AIM re-admission document.

 

Transaction Update

The Mart Transaction, which completed on 24 March 2016, is the first part of the acquisition of a Nigerian onshore production deal (the "Acquisition") announced on 22 January 2016. The Acquisition, if completed, will constitute a Reverse Takeover under Rule 14 of the AIM Rules.  Accordingly, the Company's shares will remain suspended from trading on AIM, pending either the publication of a re-admission document or confirmation that the Acquisition is not proceeding.

 

 

Enquiries:

 

San Leon Energy plc 

Oisin Fanning, Executive Chairman

+353 1291 6292



SP Angel Corporate Finance LLP

Nominated Adviser

Ewan Leggat

Richard Morrison

Richard Hail

 

+44 (0) 20 3470 0470

 

 

 

 

 

Brandon Hill Capital Limited

Oliver Stansfield
Jonathan Evans 

 

Whitman Howard Limited

Nick Lovering

Francis North

+44 (0) 20 3463 5000

 

 

 

+44 (0) 20 7659 1234



Vigo Communications
Financial Public Relations
Chris McMahon

Alexandra Roper

 

+44 (0) 20 7830 9700

Plunkett Public Relations
Sharon Plunkett

+353 (0) 1 280 7873

 

www.sanleonenergy.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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