REG - On-Line PLC - Nomad appointment, intention to change name <Origin Href="QuoteRef">ONL.L</Origin>
RNS Number : 6433UOn-Line PLC26 October 201726 October 2017
ON-LINE PLC
("On-Line" or the "Company")Appointment of Nominated Adviser
Intention tochange company name
On-line PLC (AIM: ONL), is pleased to announce thatBeaumont Cornish Limitedhas been appointed as Nominated Adviser with immediate effect.
At the next Annual General Meeting, the Board also intends to put forward a special resolution to change the Company's name from On-line PLC to On-line Blockchain PLC.
For many years we have worked as an incubator and investor in internet and information businesses. Blockchain technology and cryptocurrencies are a new and exciting area we have been working on for some time to provide systems to support the roll out of these technologies across a range of applications. These include information technology where our links with ADVFN provide us with particular opportunities.
As these start to come to fruition, we feel the time is right to re-name the company to reflect these developments, where we believe the future growth will be in our sector.
Throgmorton Street Capital remains as sole broker to the Company.
More information on On-Line can be found at: www.on-line.co.uk
For further information please contact:
ON-LINE PLC
Clem Chambers, Director
clemc@advfn.com
Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish/Michael Cornish
+44 (0) 207 628 3396
ENDS
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCLLFFDIRLEFID
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