AMED Amedeo Res

TIDMAMED

RNS Number : 5532G

Amedeo Resources PLC

02 March 2018

Amedeo Resources PLC

("Amedeo" or the "Company")

Statement re Beaufort Securities Limited

The Company notes the announcement today regarding Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing Services Limited ("BACSL") being placed into administration and that the Financial Conduct Authority (the "FCA") has imposed requirements on BSL and BACSL to cease all regulatory activity. As a result, the London Stock Exchange has suspended BSL's membership of the London Stock Exchange pending clarification of the firm's position.

BSL is a joint broker to the Company pursuant to the AIM Rules for Companies (the "AIM Rules"). As a result of the suspension of its membership to the London Stock Exchange, BSL will no longer be able to provide broking services to the Company in accordance with the AIM Rules.

WH Ireland Limited, the Company's NOMAD and other joint broker, will continue to provide broking services to the Company.

Enquiries:

   Glen Lau                                                 Zafar Karim 
   Chief Executive Officer                         Executive Director 
   Amedeo Resources PLC                        Amedeo Resources PLC 
   Tel office: +44 20 7583 8304                 Tel office: +44 20 7583 8304 

Chris Fielding

Nominated Adviser & Broker

WH Ireland

Tel office: +44 207 220 1666

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCJTMTTMBMMBLP

(END) Dow Jones Newswires

March 02, 2018 07:11 ET (12:11 GMT)

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