Starcom PLC Nominated Adviser Status (4399J)

TIDMSTAR

RNS Number : 4399J

Starcom PLC

05 December 2018

5 December 2018

Starcom Plc

("Starcom" or the "Company")

Nominated Adviser Status

The directors of Starcom are aware of the proposed merger of its current nominated adviser ("Nomad"), Northland Capital Partners Limited ("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 on 1 February 2019.

In accordance with AIM Rule 1, if the Company fails to appoint a replacement Nomad by 1 February 2019, trading in the Company's AIM Securities will be suspended. If the Company fails to appoint a replacement Nomad by 4 March 2019, the admission of its AIM Securities will be cancelled.

The directors are pleased to report that they have identified a replacement Nomad and that the due diligence process, which is required to be undertaken on the Company, is in progress. The directors are confident that the Company will be in a position to announce the appointment of the replacement Nomad in advance of 1 February 2019.

A further announcement will be made in due course.

-ends-

This announcement contains inside information.

For further information, please contact:

Starcom Plc

Michael Rosenberg, Chairman 07785 727 595

Avi Hartmann, CEO [phone]

   Northland Capital Partners Limited (Nominated Adviser and Broker)      020 3861 6625 

Matthew Johnson / Edward Hutton (Corporate Finance)

Rob Rees (Sales and Broking)

Peterhouse Capital Limited (Joint Broker) 020 7469 0930

Lucy Williams / Charles Goodfellow / Eran Zucker

Leander PR (Financial PR) 07795 168 157

Christian Taylor-Wilkinson

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 [e-mail] or visit www.rns.com.

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December 05, 2018 02:01 ET (07:01 GMT)