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Update re Equity Invt and Resignation of Nomad

31st Aug 2018 15:17

RNS Number : 4586Z
Uvenco UK plc
31 August 2018
 

 

31 August 2018

UVENCO UK PLC ("Uvenco" the "Company")

Equity Investment

Further to its announcement on 2 August 2018, the Company has been today notified that the previously announced equity investment in the Company will no longer complete, due to uncertainty about the future activities of the Company.

As a result, the Board has commenced discussions with an insolvency practitioner, and expects to make a further announcement shortly.

Resignation of Nominated Adviser and Broker

Stockdale Securities Limited, the Company's Nominated Adviser and Broker, has resigned with immediate effect. Therefore, if within one month the Company does not appoint a replacement nominated adviser, the admission of the Company's ordinary shares to AIM will be will be cancelled pursuant to Rule 1 of the AIM Rules for Companies.

 

Enquiries:

 

Jeremy Hamer, Chairman 0207 8879 8300

Uvenco UK plc

 

 

 

 

The information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Uvenco Uk
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