ARO Arricano Real Estate Plc

TIDMARO

RNS Number : 9720G

Arricano Real Estate PLC

09 November 2018

9 November 2018

Arricano Real Estate plc

("Arricano" or the "Company")

Resignation of Nominated Adviser and Broker

Arricano (AIM: ARO) announces that Smith & Williamson Corporate Finance Limited, the Company's nominated adviser, has served notice on the Company that it will resign as the Company's nominated adviser and broker with effect from 23 November 2018 ("Effective Date").

The Company is in advanced discussions with an alternative nominated adviser firm and expects to appoint such firm prior to the Effective Date. Pursuant to AIM Rule 1, in the event that a replacement nominated adviser is not appointed by the Company by the Effective Date, trading in the Company's ordinary shares will be suspended and in case no replacement nominated adviser is appointed by the Company within one month thereafter, trading in the Company's ordinary shares will be cancelled.

A further announcement on the appointment of a new nominated adviser will be made in due course.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 956/2014.

For further information please contact:

 
  CEO:                                            Tel: +380 44 569 6708 
   Arricano Real Estate plc 
   Mykhailo Merkulov 
 Financial PR:                                    Tel: +44 (0)20 3151 7008 
  Novella Communications Limited 
  Tim Robertson/Toby Andrews 
 Nominated Adviser and Broker:                    Tel: +44 (0)20 7131 4000 
  Smith & Williamson Corporate Finance Limited 
  Azhic Basirov 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

APPFSAFAUFASESF

(END) Dow Jones Newswires

November 09, 2018 13:09 ET (18:09 GMT)

Arricano Real Estate (LSE:ARO)
Historical Stock Chart
From Apr 2024 to May 2024

Arricano Real Estate (LSE:ARO)
Historical Stock Chart
From May 2023 to May 2024