Edenville Energy PLC Nomad Status Update (0686O)
January 25 2019 - 2:00AM
UK Regulatory
TIDMEDL
RNS Number : 0686O
Edenville Energy PLC
25 January 2019
25 January 2019
EDENVILLE ENERGY PLC
("Edenville" or the "Company")
Nomad Status Update
Edenville Energy Plc (AIM: EDL), the AIM quoted company
developing a coal project in southwest Tanzania, announces that,
further to the announcements made on 11 December 2018 and 14
January 2019, the Company intends to transition its Nominated
Adviser ("Nomad") role from Northland Capital Partners Limited
("Northland") to SP Angel Corporate Finance LLP ("SP Angel"). As
previously announced this is as a result of the proposed merger
between Northland and SP Angel whereby Northland has voluntarily
agreed to relinquish its Nomad status and will be removed from the
register of Nomads with effect from 7am on 1 February 2019.
The Company confirms that it remains its intention to transition
the Company's Nomad role from Northland to SP Angel, subject to SP
Angel completing their required due diligence and other take on
processes. This process is nearing completion and included a visit
to the Company's site in Tanzania this week. At present the Company
anticipates a smooth and orderly transition of the Nomad role prior
to the 1 February 2019 deadline.
Further announcements will be made in due course.
For further information please contact:
Edenville Energy Plc
Jeff Malaihollo - Chairman
Rufus Short - CEO +44 (0) 20 3934 6630
Northland Capital Partners Limited
(Nominated Adviser and Broker)
David Hignell
Gerry Beaney
Jamie Spotswood +44 (0) 20 3861 6625
IFC Advisory
(Financial PR and IR)
Tim Metcalfe
Graham Herring
Heather Armstrong +44 (0) 20 3934 6630
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END
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