Nominated Adviser Status

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


 

 

 


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 rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCUAURRWRAUAUA
UK 100

Latest directors dealings