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Appointment of Administrators

6th Oct 2021 17:49

RNS Number : 2708O
NMCN PLC
06 October 2021
 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018

 

Appointment of Administrators

nmcn plc ("nmcn" or "the Company" and, together with its subsidiaries, "the Group")

 

Further to the Company's announcement of 4 October 2021, the directors of the Company, and of nmcn Sustainable Solutions Limited, have appointed Helen Dale, Nigel Morrison and Jonathan Roden of Grant Thornton UK LLP as Administrators (the "Administrators"). In Administration, the existing Board of Directors cease to have decision making powers with immediate effect. These powers transfer to the Administrators who are responsible for the day-to-day running of the Company.

The Company will request that its ordinary shares are cancelled from listing on the premium listing segment of the Official List of the FCA and from trading on the Main Market of the London Stock Exchange following the appointment of the Administrators.

 

Enquiries:

 

nmcn Plc - +44 (0) 1623 515 008

Ian Elliott, Chairman

Lee Marks, Chief Executive

Alan Foster, Chief Financial Officer

 

 

LEI Number: 213800ANYQVA5OS51A68

www.nmcn.com

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