Auhua Clean Energy Plc Update on Appointment of Nominated Adviser (2287Q)

TIDMACE

RNS Number : 2287Q

Auhua Clean Energy Plc

26 February 2016

AUHUA CLEAN ENERGY PLC

("Auhua" or the "Company")

Update on Appointment of Nominated Adviser

26 February 2016: Auhua Clean Energy (AIM: ACE) previously announced the resignation of the Company's nominated adviser, Grant Thornton UK LLP, which will take effect on 29 February 2016. The Company announces that, while it is still in discussions with potential replacement nominated advisers, it will not be able to appoint a replacement nominated adviser by close of business of 26 February 2016. As such, trading in the Company's shares on AIM will be suspended with effect from 7.30am (GMT) on 29 February 2016.

While the Company continues to work to secure a replacement Nominated Adviser, shareholders are reminded that if the Company is unable to appoint a replacement nominated adviser within one month of suspension, the admission of the Company's shares to trading on AIM will be cancelled.

--ends--

Further information

 
 Auhua Clean           Raphael Tham, Non-executive    raphael@auhuacleanenergy.com 
  Energy plc            Chairman 
--------------------  -----------------------------  ----------------------------- 
 Grant Thornton        Philip Secrett / Maureen 
  UK LLP (Nominated     Tai / 
  Adviser)              Jamie Barklem                 +44 (0)20 7383 5100 
--------------------  -----------------------------  ----------------------------- 
 WH Ireland 
  (Broker)             Tim Feather                     +44 (0)20 7220 1666 
--------------------  -----------------------------  -----------------------------

About Auhua:

Auhua Clean Energy (www.auhuacleanenergy.com) is an environmental technology group based in the Shandong Province of Eastern China specialising in the development and application of green energy and energy efficient solar thermal solutions. In particular, the Group is focused on the manufacture and sale of split-unit solar water heating systems.

This information is provided by RNS

The company news service from the London Stock Exchange

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February 26, 2016 02:01 ET (07:01 GMT)

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