6th May 2015 07:02
Atlas Development & Support Services Limited / Ticker: ADSS / Index: AIM / Sector: Support Services
6 May 2015
Atlas Development & Support Services Limited
('Atlas Development' or the 'Company')
Change of Nominated Adviser and Broker
Atlas Development (AIM:ADSS), the Kenyan headquartered, African focussed support services and logistics company, is pleased to announce that it has appointed Stifel Nicolaus Europe Limited ("Stifel") as UK Nominated Adviser and sole Corporate Broker to the Company with immediate effect.
** ENDS **
For further information please visit www.atlassupport.com or contact:
Carl Esprey | Atlas Development | Tel: +44 (0) 20 7408 9200 |
Callum Stewart | Stifel Nicolaus Europe Limited | Tel: +44 (0) 20 7710 7600 |
Ashton Clanfield | Stifel Nicolaus Europe Limited | Tel: +44 (0) 20 7710 7600 |
Edward Burbidge | Burbidge Capital | Tel: +254 (0) 202 100 102 |
Susie Geliher | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Charlotte Heap | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
|
|
|
|
|
|
Notes to Editors
Atlas Development is a cash generative and profitable support services and logistics company with operations spanning Kenya, Mozambique, Tanzania, Ethiopia, Djibouti and Western Sahara.
Its three core divisions are delineated as follows:
· Atlas Technical: civil engineering, workforce accommodation and construction
· Atlas Services: medical and facilities management
· Atlas Logistics: fuel solutions, storage and transportation
Through these three core divisions, Atlas Development provides turn-key support for a range of major energy and natural resource exploration and development companies operating across East Africa. The market opportunity for a company such as Atlas Development is highly attractive, and the Board believe there is considerable opportunity to leverage the Company's established position to further expand its operational footprint across sub-Saharan Africa and diversify its service offering to provide additional long-term visible revenue streams.
Related Shares:
AAI.L