LONDON (Alliance News) - Clean Air Power Ltd said Thursday said it expects its admission to trading on AIM to be cancelled in a month, following its agreement to sell its its subsidiaries to Hardstaff Dual Fuel Technology Ltd, a subsidiary of Vayon Holdings Ltd, for GBP250,000 last Thursday.
The company's nominated adviser and broker Panmure Gordon has resigned with immediate effect. Peat & Co has also given notice of its resignation as joint broker with immediate effect.
Shares in Clean Air Power remain suspended.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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