RE: Nomad talks18 Jan 2019 15:55
Hi
As per my earlier emails ....
Zaza in deep discussions and working hard re new NOMAD that’s all I know. I Understand your and others concern, please remember that the FRR Board also has a lot to lose and this timetable was not there making but Cairns.
Rest assured we are not sitting on any news! Just need to find a NOMAD which with all the regulatory hurdles takes time"
This was the RNS put out on the 24th which I am sure you have seen....
24 DECEMBER 2018 – COMPANY ANNOUNCEMENT
Further to the announcement of 24 December 2018, the Company wishes to provide further clarification that Cairn Financial Advisers LLP notice to the Company of its resignation as the Company’s Nominated Adviser with immediate effect was unexpected and remains unexplained to the management.
Accordingly, the Company is working to rectify this unanticipated situation and return its shares to normal trading as soon as possible.
I am afraid that’s all I know – if you have met Zaza at one of the shareholder meetings you will know that he will be as irritated in all this as you are and has always, in my opinion, had shareholders interest at heart – after all he is one !!
Best