Galasys PLC Resignation of Nomad (5807H)

TIDMGLS

RNS Number : 5807H

Galasys PLC

18 August 2016

18 August 2016

Galasys PLC

("Galasys" or the "Company")

Resignation of Nomad

Galasys PLC (AIM:GLS), a leading provider of ticketing systems and solutions to the fast growing amusement park industry in Asia, announces that the Company has received notification from its Nominated Adviser and Broker WH Ireland of its resignation with immediate effect.

Accordingly, the trading of the shares of the company on the AIM has been suspended with immediate effect.

Pursuant to Rule 1 of the AIM Rules, the company has one month to appoint a replacement Nominated Adviser or else the admission of its AIM securities will be cancelled

For further information, please contact:

 
Galasys PLC 
 Sean Seah / Teh Kim Seng    + 6032858 9959 
Newgate (Financial PR) 
 Adam Lloyd/Helena Bogle     0207 653 9850 
 

About Galasys

www.Galasystec.com

Galasys is a leading integrated and modular amusement park solutions and services provider to premier amusement parks in China and South East Asia. Through its proprietary systems, the Group provides amusement park operators with the ability to sell, manage and analyse tickets, visitors, merchandise sales and other amusement park operations. It has been operating since 2005 and supplies solutions and services to more than 170 amusement parks in China and South East Asia. The Group has invested more than 50 man-years in R&D and owns the intellectual properties to its software and systems. The Group currently employs and retains more than 140 people across Asia.

In recognition of the quality of the Group's solutions and services, Galasys is a merit recipient for the prestigious 2015 ASOCIO ICT Awards in the category of Outstanding ICT Company.

For more information, please visit www.galasystec.com

This information is provided by RNS

The company news service from the London Stock Exchange

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August 18, 2016 09:37 ET (13:37 GMT)