TIDMPOL

RNS Number : 0874X

Polo Resources Limited

07 August 2018

This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.

7 August 2018

Polo Resources Limited

("Polo" or the "Company")

WEATHERLY INTERNATIONAL PLC - INVESTMENT UPDATE

Polo Resources Limited (AIM: POL), the multi-sector investment company with interests in oil, gold, coal, copper, phosphate, lithium, iron and vanadium, notes that its investee company, Weatherly International Plc ("Weatherly") (AIM: WTI) has announced that Strand Hanson Limited, the company's Nominated Adviser and Broker, has resigned with immediate effect.

In light of the Administrators' Statement of Proposals, Weatherly does not intend to seek the services of another Nominated Adviser and, as a result, it is expected that the company will be delisted from AIM one month from today's date.

The full details of these announcements can be found at http://weatherlyplc.com/.

For further information, please contact:

 
 Polo Resources Limited 
  - Kudzayi Denenga, Investor Relations   +27 (0) 787 312 919 
 
 Allenby Capital Limited (Nominated 
  adviser & broker) 
  - John Depasquale                       +44 (0)20 3328 5657 
 
 Blytheweigh (Public relations) 
  - Julia Tilley, Simon Woods             +44 (0) 207 138 3204 
 

About the Company

Polo Resources Limited is a multi-sector investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. For complete details on Polo, please refer to: www.poloresources.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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August 07, 2018 08:12 ET (12:12 GMT)

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