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United Cacao Shares Suspended From AIM As Nomad Resigns (ALLISS)

4th Jan 2017 16:17

LONDON (Alliance News) - United Cacao Ltd SEZC on Wednesday said its shares have been suspended from trading on the London AIM market, after its nominated adviser Strand Hanson Ltd resigned with immediate effect.

The cacao plantation company, based in Peru, said its shares were suspended pending the appointment of a new nominated adviser, and said it was in talks with regard to this appointment.

Should United Cacao fail to appoint a replacement nomad within a month, its shares will be cancelled from trading under AIM rules.

Shares in United Cacao were trading at 51.50p prior to their suspension, up 3.0% for the day.

By Hannah Boland; [email protected]; @Hannaheboland

Copyright 2017 Alliance News Limited. All Rights Reserved.

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