30th Oct 2015 17:37
LONDON (Alliance News) - GLOBO PLC Friday said its nominated adviser and broker RBC Europe Ltd has resigned.
Director Gavin Burnell and Secretary Lorraine also resigned on Thursday.
If GLOBO fails to appoint a new nominated adviser within one month, the company's shares will be cancelled from trading in accordance with AIM Rules.
This comes after GLOBO on Wednesday said it haD reported "certain matters regarding the falsification of data and the misrepresentation of the company's financial situation" to law enforcement agencies in the UK, Greece and Cyprus, and revealed that it is the subject of an investigation by the UK's financial watchdog.
The company's shares remain suspended from trading.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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