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Resignation of Nominated Adviser

29 Jan 2016 16:05

RNS Number : 5133N
Auhua Clean Energy Plc
29 January 2016
 

AUHUA CLEAN ENERGY PLC

("Auhua" or the "Company")

 

Resignation of Nominated Adviser

 

 

29 January 2016: Auhua Clean Energy Plc (AIM: ACE) announces that it has received notice of the intention of Grant Thornton UK LLP ("Grant Thornton"), the Company's Nominated Adviser ("Nomad") to resign with effect from 29 February 2016.

 

The Company is in discussions with an alternative Nomad with a view to appoint a new Nomad within the notice period set out above. However, pursuant to AIM Rule 1, if a replacement Nomad is not appointed by the date that Grant Thornton ceases to act as Nomad, the Company's shares will be suspended from trading on AIM. If a replacement Nomad is not appointed within one month of the date that Grant Thornton ceases to act as Nomad, admission of the Company's shares to trading on AIM will be cancelled.

 

 

--ends---

 

Further information

 

Auhua Clean Energy plc

Raphael Tham, Non-executive Chairman

raphael@auhuacleanenergy.com

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett / Maureen Tai /

Jamie Barklem

+44 (0)20 7383 5100

 

 

About Auhua:

Auhua Clean Energy (www.auhuacleanenergy.com) is an environmental technology group based in the Shandong Province of Eastern China specialising in the development and application of green energy and energy efficient solar thermal solutions. In particular, the Group is focused on the manufacture and sale of split-unit solar water heating systems.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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