REG - Latham(James) PLC - Nominated Adviser Status

James LathamAnnouncement

12/12/2018 07:05

RNS Number : 1773K
Latham(James) PLC
12 December 2018
 


 
12 December 2018
James Latham plc



("James Latham" or the "Company")
 
Nominated Adviser Status
 
James Latham 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 7.00 a.m. 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.
 
Furthermore, the Company recognises that Northland's merger with SP Angel remains subject to regulatory approvals and due diligence.  In accordance with AIM Rule 1, 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 event that the Company has failed to appoint a replacement Nomad by 4 March 2019 the admission of its AIM Securities will be cancelled.
 
Enquiries:



 
James Latham plc


 
Tel: 01442 849 100




Nick Latham, Chairman
David Dunmow, Finance Director


















Northland Capital Partners Limited
Nominated Adviser and Broker


Tel: 0203 861 6625




Matthew Johnson / Edward Hutton
Abigail Wayne / Rob Rees







 
 
 




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