risk28 Jul 2018 15:38
Should Vin Murria's Equity Investment be completed, and pursuant to Rule 22 of the AIM Rules for Nominated Advisers regarding conflicts of interest, finnCap will step down from their role as NOMAD with immediate effect as Vin Murria on the board of finnCap Ltd. It is envisaged that Vin will join the Board of Imaginatik, subject to regulatory checks.
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Pursuant to Rule 1 of the AIM Rules, if the company does not appoint a replacement NOMAD upon the completion of the equity investment and finnCap's subsequent resignation, it will be suspended with immediate effect. The Company would then have one further month to appoint a replacement Nominated Adviser or else the admission of its AIM securities will be cancelled.