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Share Name Share Symbol Market Type Share ISIN Share Description
Eqtec LSE:EQT London Ordinary Share IE00BH3XCL94 ORD EUR0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.55p +46.61% 1.73p 1.70p 1.76p 1.835p 1.165p 1.205p 124,322,398 16:27:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 0.0 -1.6 -0.0 - 31.22

EQTEC PLC Nomad status

06/12/2018 7:01am

UK Regulatory (RNS & others)


Eqtec (LSE:EQT)
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TIDMEQT

RNS Number : 6015J

EQTEC PLC

06 December 2018

6 December 2018

EQTEC plc

("EQTEC" or the "Company")

Nomad status

EQTEC plc (AIM: EQT), the AIM quoted technology solution company for waste gasification to energy projects, announces that the Directors have been advised by its current nominated adviser ("Nomad"), Northland Capital Partners Limited ("Northland") of its proposed merger with SP Angel Corporate Finance LLP ("SP Angel"). Northland has voluntarily agreed to relinquish its Nomad status and will be removed from the register of Nomads with effect from 7am on 1 February 2019.

As a result, the Directors are in discussions with another Nomad and at present the Company anticipates a smooth and orderly transition of the Nomad role and will provide a further update as soon as practicable.

In accordance with AIM Rule 1, if the Company fails to appoint a new Nomad by 1 February 2019 the Exchange will suspend trading in the Company's AIM Securities and in the event that the Company has failed to appoint a replacement Nomad by 4 March 2019 the admission of its AIM Securities will be cancelled.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU).

Enquiries

 
                                               +353 (0)21 2409 
 EQTEC plc                                      056 
 Ian Price - Chief Executive Officer 
  Gerry Madden - Finance Director 
 
 Northland Capital Partners Limited - Nomad 
  and Broker                                   +44 (0)20 3861 6625 
 David Hignell / Dugald J. Carlean 
 
 Luther Pendragon - Financial PR               +44 (0)20 7618 9100 
 Harry Chathli / Alexis Gore / Joe Quinlan 
 

Notes to Editors

About EQTEC plc

EQTEC's business model involves sourcing and providing assistance in developing waste elimination projects to which it will ultimately sell its EQTEC Gasifier Technology ("EGT") and O&M services. EGT enables project developers to construct waste elimination plants and recover electrical and thermal energy from the waste streams.

EQTEC sources projects that have a local supply of waste in need of elimination and conversion. It builds relationships and brings together the developers, the waste owners, the building contractors and funders. It then supplies the energy recovery technology and provides engineering services to the projects. Furthermore, EQTEC will provide O&M services to the operating projects generating recurring revenues over the life of the projects.

The Company is quoted on AIM and trades as EQT. Further information on the Company can be found at www.eqtecplc.com

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 rns@lseg.com or visit www.rns.com.

END

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December 06, 2018 02:01 ET (07:01 GMT)

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