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Teathers Financial (TEA)

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Tuesday 31 May, 2016

Teathers Financial

Update on annual accounts and resignation of Nomad

RNS Number : 7066Z
Teathers Financial PLC
31 May 2016
 

Teathers Financial Plc / Index: AIM / Epic: TEA / Sector: Investment

31 May 2016

Teathers Financial Plc ('Teathers' or 'the Company')

Update on publication of accounts

Resignation of nominated adviser

Cancellation of admission to AIM

 

On 29 April 2016, the Company announced that it intended publishing its annual accounts by 31 May 2016.

 

The Company announces that it will not be publishing audited accounts by today but intends to do so before the general meeting which has been requisitioned by certain shareholders as announced on 25 May 2016.

 

The Company also announces that its nominated adviser, Grant Thornton UK LLP, has resigned with immediate effect.

 

On 4 December 2015 the Company announced that its shares were being suspended from trading on AIM and that If the Company's investing policy has not been implemented within six months of suspension from trading on AIM, the admission of its ordinary shares to trading on AIM will be cancelled. The Company does not believe it will have implemented its investing policy within six months of the shares being suspended and therefore anticipates that its admission of its ordinary shares to trading on AIM will be cancelled with effect from Monday 6 June 2016.

 

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For further information please visit www.teathers.com or contact:

 

Jason Drummond

Teathers Financial Plc

+44 203 021 3466

Charlotte Heap / Elisabeth Cowell

St Brides Partners Limited

+44 20 7236 1177

 

 


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