REG - UniVision Eng Ltd - Change of Adviser <Origin Href="QuoteRef">UVEL.L</Origin>

UniVision EngineeringAnnouncement

18/10/2017 16:31

RNS Number : 9968T
UniVision Engineering Ltd
18 October 2017
For immediate release
18 October 2017
UniVision Engineering Limited
("UniVision" or "the Group")
Change of Adviser
Further to the Exchange's announcement of 10 October 2017 and the Company's announcement of 11 October 2017 regarding the pending removal of ZAI Corporate Finance Limited from the register of nominated advisers, the Company has appointed SPARK Advisory Partners Limited as its nominated adviser. Given the particular circumstances, the Exchange has agreed that SPARK Advisory Partners Limited has until 5pm 19 December 2017 to finalise its due diligence and provide all relevant nominated adviser confirmations to the Exchange.
There can be no guarantee that SPARK Advisory Partners Limited will be able to satisfactorily conclude its due diligence by 5pm 19 December 2017 or provide the relevant declaration to the Exchange. Accordingly, in such circumstances there is a risk that the Company's AIM securities will be suspended on or before 5pm on 19 December 2017 pursuant to AIM Rule 1. If within one month of that suspension, the Company has failed to appoint a replacement nominated adviser, the admission of its AIM securities will be cancelled.
Notwithstanding the extension of time provided in respect of due diligence obligations at engagement, SPARK Advisory Partners Limited will continue to be subject to all the ongoing nominated adviser responsibilities under the AIM Rules for Nominated Advisers.
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For further information please contact:
UniVision Engineering Limited 
www.uvel.com
Stephen Koo, Chairman
Chun Pan Wong, Chief Executive Officer
Danny Kwok Fai Yip, Finance Director
Nicholas Lyth, Non-executive Director
+852 2389 3256
+44(0)7769906686
SPARK Advisory Partners Limited (Nominated Adviser)
Mark Brady
Neil Baldwin
www.sparkadvisorypartners.com
+44 (0)20 3368 3551



This information is provided by RNS
The company news service from the London Stock Exchange
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