San Leon Energy PLC NOMAD Termination (5580U)
April 07 2016 - 10:53AM
UK Regulatory
TIDMSLE
RNS Number : 5580U
San Leon Energy PLC
07 April 2016
7 April 2016
San Leon Energy Plc
("San Leon" or "the Company")
NOMAD Termination
San Leon Energy Plc, the AIM listed company focused on oil and
gas exploration and production in Europe and Africa, announces that
on 16(th) March 2016 it provided Notice of Termination to its
Nominated Advisor ("NOMAD"), Stockdale Securities Ltd
("Stockdale"). The Company immediately commenced the process of
finding and appointing a new NOMAD, and that process is well
advanced.
The Company today terminated Stockdale's appointment as NOMAD
with immediate effect on the grounds of breach by Stockdale of its
agreement with the Company. The Company will update the market when
its new NOMAD has been appointed. AIM Rules state that if the
Company fails to appoint a new NOMAD within one month its shares
will be delisted from AIM, but as stated above we are confident
that the new appointment will be made well within that period.
Enquiries:
San Leon Energy plc
Oisin Fanning, Executive
Chairman +353 1291 6292
Brandon Hill Capital
Oliver Stansfield +44 (0) 20
Jonathan Evans 3463 5000
finnCap Ltd
Corporate Finance
Matt Goode
Christopher Raggett
Corporate Broking +44 (0) 20
Joanna Weaving 7220 0500
Macquarie Capital
(Europe) Limited +44 (0) 20
Jon Fitzpatrick 3037 2000
Vigo Communications
Financial Public
Relations
Chris McMahon +44 (0) 20
Alexandra Roper 7830 9700
Plunkett Public Relations +353 (0) 1
Sharon Plunkett 280 7873
www.sanleonenergy.com
This information is provided by RNS
The company news service from the London Stock Exchange
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