Altona Energy PLC Nominated Adviser Status Update (1949N)
January 16 2019 - 1:00AM
UK Regulatory
TIDMANR
RNS Number : 1949N
Altona Energy PLC
16 January 2019
Altona Energy plc
("Altona" or the "Company")
Nomad Status Update
Altona (AIM:ANR) announces that, further to the notification
released by the Company on 2 November 2018 regarding the status of
its nominated adviser ("Nomad"), the Board has been in discussions
with various Nomad firms to replace Northland Capital Partners
Limited, the Company's current Nomad. Unfortunately, the Board
believes it is now unlikely that the Company will be in a position
to appoint a Nomad prior to the deadline of 1 February 2019. As a
consequence, trading in the Company's shares on AIM is likely to be
suspended on 1 February 2019. If the Company has failed to appoint
a replacement Nomad 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.
-ends-
Enquiries:
Altona Energy plc +44 7769 906
Nicholas Lyth, Chief Executive Officer 686
Northland Capital Partners Ltd (Nomad and Broker)
Matthew Johnson / Gerry Beaney / Jamie Spotswood
(Corporate Finance) +44 20 3861
Abigail Wayne (Corporate Broking) 6625
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END
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