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ADL Andalas Energy And Power Plc

0.20
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Andalas Energy And Power Plc LSE:ADL London Ordinary Share IM00BZ7PNY71 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.20 0.19 0.21 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Andalas Energy and Power Plc Statement re: Joint Broker

02/03/2018 12:02pm

UK Regulatory


 
TIDMADL 
 
02 March 2018 
 
                         Andalas Energy and Power Plc 
 
                         ('Andalas' or the 'Company') 
 
                          Statement re: Joint Broker 
 
Andalas Energy and Power Plc, the AIM traded Indonesian focused energy company 
(AIM: ADL), notes the announcement today regarding Beaufort Securities Limited 
("BSL") and Beaufort Asset Clearing Services Limited ("BACSL") being placed 
into insolvency and that the Financial Conduct Authority (the "FCA") has 
imposed requirements on BSL and BACSL to cease all regulatory activity. 
 
BSL is joint broker to the Company. As a result of the requirements imposed by 
the FCA, BSL will no longer be able to provide broking services to the Company. 
Cantor Fitzgerald will continue as nominated adviser and will now perform the 
role of sole broker to the Company. 
 
                                    -ENDS- 
 
For Further Information: 
 
Simon Gorringe            Andalas Energy and Power  Tel: +62 21 2783 2316 
                          Plc 
 
Nick Tulloch / David      Cantor Fitzgerald Europe  Tel: +44 20 7894 7000 
Porter 
 
 
 
 
END 
 

(END) Dow Jones Newswires

March 02, 2018 07:02 ET (12:02 GMT)

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