LONDON (Alliance News) - Mar City PLC Monday said its shares have been suspended on AIM pending the appointment of a new nominated adviser to the company.
The housebuilder said it has commenced talks to appoint a new nominated adviser "in due course" and said it is also "well underway" to appoint a new finance director and non-executive roles following the resignation of non-executive chairman Hamilton Anstead who is stepping down for "personal reasons".
Mar City said the company's operations continue to perform in line with management expectations.
Shares in Mar City were last quoted at 36.40 pence before the suspension.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
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