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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Petrel Resources Plc | LSE:PET | London | Ordinary Share | IE0001340177 | ORD EUR0.0125 (CDI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.05 | -2.70% | 1.80 | 1.70 | 1.90 | 1.85 | 1.80 | 1.85 | 214,866 | 12:42:59 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Oil And Gas Field Expl Svcs | 0 | -311k | -0.0020 | -9.00 | 2.83M |
From Apr 2019 to Apr 2024
TIDMPET
RNS Number : 6755M
Petrel Resources PLC
09 January 2019
9 January 2019
Petrel Resources plc
("Petrel" or the "Company")
Nominated Adviser Status
Petrel (AIM: PET) announces that the Directors are aware of the proposed merger of its current nominated adviser ("Nomad"), Northland Capital Partners ("Northland") with SP Angel Corporate Finance LLP. The Directors have also been informed that Northland has voluntarily agreed to relinquish its NOMAD status and will be removed from the register of Nomads with effect from 7am (GMT) on 1 February 2019.
In accordance with AIM Rule 1, the Company is required to appoint a new Nomad by 1 February 2019, if not, the Exchange will suspend trading in the Company's AIM Securities. If the Company does not appoint a replacement Nomad by 4 March 2019, the admission of its AIM Securities will be cancelled.
The Company has commenced the process to appoint a new Nomad and will make a further announcement in due course.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR").
ENDS
For further information please visit http://www.petrelresources.com/ or contact:
Enquiries:
Hot Features
Premium
Petrel Resources
John Teeling, Chairman +353 (0) 1 833 2833
David Horgan, Director
Nominated Adviser and Broker
Northland Capital Partners Limited
David Hignell / Edward Hutton (Corporate
Finance) +44 (0) 20 3861 6625
Rob Rees
Public Relations
Blytheweigh +44 (0) 207 138 3206
Simon Woods +44 (0) 746 643 9633
Camilla Horsfall +44 (0) 787 184 1793
Teneo PSG
Luke Hogg +353 (0) 1 661 4055
Alan Tyrrell +353 (0) 1 661 4055
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
APPBRGDBRGGBGCC
(END) Dow Jones Newswires
January 09, 2019 13:00 ET (18:00 GMT)
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