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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Obtala | LSE:OBT | London | Ordinary Share | GG00B4WJSD17 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.90 | 6.80 | 7.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMOBT
RNS Number : 0498G
Obtala Limited
01 November 2018
1 November 2018
Obtala Limited
("Obtala" or the "Company")
(AIM: OBT)
Nominated Adviser Status
The directors of Obtala are aware of the proposed merger of its current nominated adviser, Northland Capital Partners ("Northland") with SP Angel Corporate Finance LLP. The directors have also been informed that Northland has voluntarily agreed to relinquish its nominated adviser status and will be removed from the register of nominated advisers with effect from 7am on 1 February 2019.
In accordance with AIM Rule 1, if the Company fails to appoint a new nominated adviser by 1 February 2019 the Exchange will suspend trading in the Company's AIM Securities. If the Company has failed to appoint a replacement nominated adviser by 4 March 2019 the admission of its AIM Securities will be cancelled.
The Company's board is in talks with several nominated advisors and are confident that a suitable replacement will be appointed by 1 February 2019.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR").
Obtala Limited Miles Pelham - Chairman Paul Dolan - CEO Martin Collins - Deputy Chairman +44 (0)20 7099 www.obtala.com 1940 Northland Capital Partners Ltd (Nomad and Broker) +44 (0)20 3861 David Hignell/ Dugald J. Carlean/ Domile Andruskeviciute 6625
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
APPUGGBWGUPRGGG
(END) Dow Jones Newswires
November 01, 2018 07:43 ET (11:43 GMT)
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