Been over two weeks since I last posted. We now have a Nomad as predicted - albeit it went to the wire. I also mentioned that we have now gone for a bigger outfit Nomad but in keeping with the new size and aims of the company.
I suspect the company will now be shoving the AIM readmission document under there noses for sign- off. I doubt they could do go without appointing them officially.
Following sign off it will be RNS'ed - I still think we have a bit of time as the admission document needs to be with shareholders for 2 weeks. A fair wind and it could be in about 4 weeks?
So all those hours and hours of people posting about how this was not going to happen was a complete waste of time and effort... now time to move on and get trading again with the massive rerate that is hopefully coming ;)
San Leon Energy Plc, the AIM listed company focused on oil and gas exploration and production in Europe and Africa, announces that it has today appointed SP Angel Corporate Finance LLP ("SP Angel") as its Nominated Adviser.
Joint Broker Appointments
In addition to Brandon Hill Capital Limited, the Company has appointed SP Angel and Whitman Howard Limited as joint brokers with immediate effect.
Piotr Rozwadowski has resigned from his Non-Executive Director position, effective 5th May 2016. The Company is very grateful to Piotr for his years of service, and in particular his Polish industry expertise, and wishes him well for the future.
Proposed Board appointments to strengthen the Board will be announced at the same time as the publication of the AIM re-admission document.
The Mart Transaction, which completed on 24 March 2016, is the first part of the acquisition of a Nigerian onshore production deal (the "Acquisition") announced on 22 January 2016. The Acquisition, if completed, will constitute a Reverse Takeover under Rule 14 of the AIM Rules. Accordingly, the Company's shares will remain suspended from trading on AIM, pending either the publication of a re-admission document or confirmation that the Acquisition is not proceeding.
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