Polo Resources Limited STATUS OF NOMINATED ADVISER (2912T)
October 11 2017 - 3:22AM
UK Regulatory
TIDMPOL
RNS Number : 2912T
Polo Resources Limited
11 October 2017
11 October 2017
Polo Resources Limited
("Polo" or the "Company")
STATUS OF NOMINATED ADVISER
On 10 October 2017 the Company was notified that the London
Stock Exchange has decided to remove the nominated adviser status
of the Company's nominated adviser, ZAI Corporate Finance Limited
on 19 October 2017 for failure to meet the Exchange's continuing
eligibility obligations for nomads contained at Rule 2 of the AIM
Rules for Nominated Advisers.
Under Rule 1 of the AIM Rules, the Company is required to have a
nominated adviser at all times and accordingly a replacement
nominated adviser must be found by 19 October 2017 to avoid
temporary suspension. It is the Company's duty to inform that in
the event that a nominated adviser is not found by 20 November 2017
admission of the Company's shares to trading on AIM would be
cancelled.
The Board of Directors of the Company would like to reassure its
shareholders that a new nominated adviser will be actively sought
and an announcement will be made in due course to keep shareholders
apprised.
For further information, please contact:
Polo Resources Limited
Kudzayi Denenga, Investor
Relations ++27 (0) 787 312 919
ZAI Corporate Finance Ltd
(nominated adviser)
Ray Zimmerman, John Treacy ++44 (0) 20 7060 2220
Liberum Capital (broker)
Henry Freeman ++44 (0) 20 3100 2000
Blytheweigh (public relations)
Tim Blythe, Nick Elwes, Camilla
Horsfall ++44 (0) 207 138 3204
About the Company
Polo Resources Limited is a natural resources investment company
focused on investing in undervalued companies and projects with
strong fundamentals and attractive growth prospects. For further
details on Polo, please refer to: www.poloresources.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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