Holders Technology - Nominated Adviser Status

Holders Technology

28/11/2018 07:00

RNS Number : 6874I

Holders Technology PLC

28 November 2018

 

27 November 2018

 

Holders Technology plc

("Holders Technology" or the "Company")

Nominated Adviser Status

Holders Technology (AIM: HDT), 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, it is the intention of the Directors to transition the Company's Nomad role from Northland to SP Angel. This process has already started and at present the Company anticipates a smooth and orderly transition of the Nomad role.

 

However, the Company recognises that the merger remains subject to regulatory approvals and due diligence. In accordance with AIM Rule 1, if in the unlikely event that the Company fails to appoint a new Nomad by 1 February 2019 the Exchange will suspend trading in the Company's AIM Securities. In the unlikely 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) 596/2014. 

 

 For further information, contact: 

Holders Technology plc
01896 758781
Rudi Weinreich, Executive Chairman
Victoria Blaisdell, Group Managing Director
Paul Geraghty, Group Finance Director
Websitewww.holderstechnology.com
Northland Capital Partners Limited - Nomad & Broker 020 3861 6625
Matthew Johnson, Corporate Finance
Gerry Beaney, Corporate Finance
Rob Rees, Sales and Broking

 

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