AHCG Action Hotels

TIDMAHCG

RNS Number : 5589G

Action Hotels PLC

02 March 2018

Action Hotels plc

("Action Hotels" or the "Company")

Statement regarding Joint Broker

Action Hotels notes the announcement today regarding Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing Services Limited ("BACSL") being placed into insolvency and that the Financial Conduct Authority (the "FCA") has imposed requirements on BSL and BACSL to cease all regulatory activity.

BSL is a joint broker to the Company pursuant to the AIM Rules for Companies (the "AIM Rules"). As a result of the requirements imposed by the FCA, BSL will no longer be able to provide broking services to the Company in accordance with the AIM Rules.

For more information contact:

 
Action Hotels PLC                             Tel: +44 (0) 20 7907 9663 
Alain Debare, Chief Executive Officer 
Katie Shelton, Director of Corporate Affairs 
 
 
Zeus Capital Limited (Nomad and Broker) 
Dan Bate / Andrew Jones                  Tel: +44 (0) 161 831 1512 
Victoria Ayton                           Tel: +44 (0) 20 3829 5000 
 
 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

APPEAADAEDFPEFF

(END) Dow Jones Newswires

March 02, 2018 07:34 ET (12:34 GMT)

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