Resignation of Nominated Adviser and Broker
July 13 2009 - 1:00AM
UK Regulatory
TIDMUEN
RNS Number : 5307V
Urals Energy Public Company Limited
13 July 2009
Urals Energy Public Company Limited
("Urals Energy" or the "Company")
Resignation of Nominated Adviser and Broker
The Board of Urals Energy announces that Morgan Stanley & Co. International plc
and Morgan Stanley Securities Limited have resigned from their respective roles
as Nominated Adviser and Broker to the Company with effect from today, 13 July
2009.
The Company will provide an update on its plans to appoint a new Nominated
Adviser and Broker and on its broader strategic plans in due course.
The Company's shares are currently suspended from trading following the passing
of the 30 June 2009 deadline for the filing of annual accounts for the year
ended 31 December 2008.
As previously announced, the company is working on a divestiture transaction
with Sberbank and expects to issue its 2008 financial statements shortly.
13 July, 2009
Enquiries:
Pelham +44(0)20 7337 1500
Mark Antelme
Evgeniy Chuikov
This information is provided by RNS
The company news service from the London Stock Exchange
END
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