TIDMKLN

RNS Number : 1330Q

Kellan Group (The) PLC

25 February 2016

AIM: KLN

25 February 2016

The Kellan Group PLC

("Kellan", the "Company" or "Group")

Change of Adviser

On 14 December 2015 Allenby Capital Limited ("Allenby Capital") announced it had reached an agreement with Sanlam Securities (UK) Limited ("Sanlam"), the Company's nominated adviser and broker at that time, pursuant to which four senior members of Sanlam's corporate finance team had joined Allenby Capital following Sanlam's decision to refocus its business and concentrate on its core operations. Accordingly, in order to retain continuity with one of its key advisers and to gain access to Allenby Capital's additional resources, the Company announces the appointment of Allenby Capital Limited as its Nominated Adviser and Broker with immediate effect.

ENQUIRIES:

 
 The Kellan Group PLC 
 Rakesh Kirpalani, Group Finance   Tel: 020 7268 
  Director                                  6200 
 
 Allenby Capital Limited 
 David Worlidge / James Thomas     Tel: 020 3328 
                                            5656 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

February 25, 2016 04:10 ET (09:10 GMT)

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