3rd Feb 2016 17:58
LONDON (Alliance News) - DQ Entertainment PLC on Wednesday said Allenby Capital Ltd will terminate its position as the company's nominated adviser and broker on February 22.
In accordance with AIM rules, DQ must appoint a new nomad and broker by no later then February 23 in order to avoid suspension of its shares. If a new nomad is not appointed within one month of Allenby ceasing to act, DQ's shares will be cancelled from trading on AIM.
DQ said it is in discussions with prospective candidates to fulfil the role.
Shares in DQ were untraded on Wednesday, closing at 4.40 pence on Tuesday.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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