1 Nov 2018 12:06
1 November 2018
PhotonStar LED Group Plc
Nominated Adviser Status
PhotonStar LED Group Plc (AIM: PSL, the "Group"), announces that the directors are aware of the proposed merger of its current nominated adviser ("Nomad"), Northland Capital Partners ("Northland") with SP Angel Corporate Finance LLP. The directors have also been informed that Northland has voluntarily agreed to relinquish its Nomad status and will be removed from the register of Nomads with effect from 7am on 1 February 2019.
In accordance with AIM Rule 1, if the Group fails to appoint a new Nomad by 1 February 2019 the Exchange will suspend trading in the Group's AIM Securities. If the Group has failed to appoint a replacement Nomad by 4 March 2019 the admission of its AIM Securities will be cancelled.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information:
PhotonStar LED Group Plc (www.photonstarled.com) James McKenzie - Group Chief Executive | +44 (0)2381 230381 |
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Northland Capital Partners Limited David Hignell/Gerry Beaney/Jamie Spotswood (Corporate Finance) Rob Rees (Corporate Broking) | +44 (0)20 3861 6625 |
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Peterhouse Capital Limited Duncan Vasey/ Fungai Ndoro | +44 (0)20 7469 0930
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About PhotonStar LED Group Plc
PhotonStar LED Group Plc is a leading British designer and manufacturer building monitoring & control solutions. The Group's proprietary technology Halcyon™ is a scalable, secure wireless IoT platform for retrofit into commercial buildings, for energy reduction, asset monitoring & control, and real time environmental, behavioral and energy insights. Halcyon V2 supports legionella reporting, emergency lighting compliance reporting, a powerful analytics and rules engine with notifications of issues by SMS and email.
PhotonStar is based in Romsey, Hampshire.