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Change of Nominated Adviser and Broker

6th May 2015 07:02

RNS Number : 2738M
Atlas Dev & Support Services Ltd
06 May 2015
 

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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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