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Clean Air Power To De-List In a Month As Nomad Resigns Following Sale

10th Sep 2015 09:19

LONDON (Alliance News) - Clean Air Power Ltd said Thursday said it expects its admission to trading on AIM to be cancelled in a month, following its agreement to sell its its subsidiaries to Hardstaff Dual Fuel Technology Ltd, a subsidiary of Vayon Holdings Ltd, for GBP250,000 last Thursday.

The company's nominated adviser and broker Panmure Gordon has resigned with immediate effect. Peat & Co has also given notice of its resignation as joint broker with immediate effect.

Shares in Clean Air Power remain suspended.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

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