San Leon Energy PLC Appointment of nominated adviser (5747X)
May 06 2016 - 12:25PM
UK Regulatory
TIDMSLE
RNS Number : 5747X
San Leon Energy PLC
06 May 2016
6 May 2016
San Leon Energy Plc
("San Leon" or "the Company")
Appointment of nominated adviser and joint brokers, directorate
change and transaction update
Nomad Appointment
San Leon Energy Plc, the AIM listed company focused on oil and
gas exploration and production in Europe and Africa, announces that
it has today appointed SP Angel Corporate Finance LLP ("SP Angel")
as its Nominated Adviser.
Joint Broker Appointments
In addition to Brandon Hill Capital Limited, the Company has
appointed SP Angel and Whitman Howard Limited as joint brokers with
immediate effect.
Directorate Change
Piotr Rozwadowski has resigned from his Non-Executive Director
position, effective 5(th) May 2016. The Company is very grateful to
Piotr for his years of service, and in particular his Polish
industry expertise, and wishes him well for the future.
Proposed Board appointments to strengthen the Board will be
announced at the same time as the publication of the AIM
re-admission document.
Transaction Update
The Mart Transaction, which completed on 24 March 2016, is the
first part of the acquisition of a Nigerian onshore production deal
(the "Acquisition") announced on 22 January 2016. The Acquisition,
if completed, will constitute a Reverse Takeover under Rule 14 of
the AIM Rules. Accordingly, the Company's shares will remain
suspended from trading on AIM, pending either the publication of a
re-admission document or confirmation that the Acquisition is not
proceeding.
Enquiries:
San Leon Energy plc
Oisin Fanning, Executive
Chairman +353 1291 6292
SP Angel Corporate
Finance LLP
Nominated Adviser
Ewan Leggat
Richard Morrison +44 (0) 20
Richard Hail 3470 0470
Brandon Hill Capital
Limited +44 (0) 20
Oliver Stansfield 3463 5000
Jonathan Evans
Whitman Howard Limited
Nick Lovering +44 (0) 20
Francis North 7659 1234
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
END
CNRUNUBRNUAVRAR
(END) Dow Jones Newswires
May 06, 2016 13:25 ET (17:25 GMT)
San Leon Energy (LSE:SLE)
Historical Stock Chart
From Apr 2024 to May 2024
San Leon Energy (LSE:SLE)
Historical Stock Chart
From May 2023 to May 2024