Oracle Power PLC Change of Broker (4238H)
July 31 2019 - 9:00AM
UK Regulatory
TIDMORCP
RNS Number : 4238H
Oracle Power PLC
31 July 2019
31 July 2019
Oracle Power PLC
("Oracle", the "Company" or the "Group")
Change of Broker
Oracle Power PLC (AIM:ORCP), the UK energy developer of a
combined lignite mineral resource and mine mouth power plant
located in the Thar desert in the south-east of Sindh Province,
Pakistan, is pleased to announce that it has appointed Shard
Capital Limited ("Shard") as joint broker to the Company, together
with existing broker, Brandon Hill Capital Limited.
Further to this, the Company announces that Peterhouse Capital
Limited is no longer broker to the Company.
Mark Steed, Chairman of Oracle, said:
"Oracle is pleased to welcome Shard as an incoming broker. Their
expertise and focus amongst both private clients and the small cap
market should prove highly complementary to the Company's existing
advisors as the Company enters into an exciting stage in the
development of Oracle's flagship Block VI project in Thar."
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
For further information please contact:
Oracle Power PLC +44 (0) 20 3580
Naheed Memon 4316
Strand Hanson Limited (Nominated Adviser) +44 (0) 20 7409
Rory Murphy, James Harris, Jack Botros 3494
Brandon Hill Capital Limited (Joint
Broker) +44 (0) 20 3463
Oliver Stansfield 5000
Shard Capital (Joint Broker) +44 (0) 20 7186
Damon Heath 9952
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
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