10 Dec 2018 15:00
10 December 2018
Evgen Pharma plc
("Evgen" or the "Company")
Nominated Adviser Status
The directors are aware of the proposed merger of its nominated adviser, Northland Capital Partners Limited ("Northland") with SP Angel Corporate Finance LLP ("SP Angel"). The directors have also been informed that Northland has voluntarily agreed to relinquish its nominated adviser status and will be removed from the register of nominated advisers with effect from 7.00 a.m. on 1 February 2019.
The Company is currently in discussions with alternative nominated advisers and is confident that a suitable replacement will be appointed in January 2019.
In accordance with AIM Rule 1, in the unlikely event that the Company fails to appoint a new nominated adviser by 1 February 2019, the Exchange will suspend trading in the Company's AIM Securities. If the Company has failed to appoint a replacement nominated adviser by 4 March 2019 the admission of its AIM Securities will be cancelled.
Enquiries:
Evgen Pharma plc | c/o +44 (0) 20 7466 5000 |
Dr Stephen Franklin, CEO | |
Richard Moulson, CFO | |
Buchanan Mark Court, Sophie Wills, Tilly Abraham | +44 (0) 20 7466 5000
|
Northland Capital Partners Limited Matthew Johnson, Gerry Beaney (Corporate Finance) Rob Rees (Corporate Broking) | +44 (0) 20 3861 6625 |
WG Partners LLP Nigel Barnes, Claes Spång | +44 (0) 20 3705 9330 |
Notes for editors:
About Evgen Pharma plc
Evgen is a clinical stage drug development company whose lead programmes are in breast cancer and subarachnoid haemorrhage, a type of stroke. The Company's core technology is Sulforadex®, a method for synthesising and stabilising the naturally occurring compound sulforaphane and novel proprietary analogues based on sulforaphane. The lead product, SFX-01, is a patented composition of synthetic sulforaphane and alpha-cyclodextrin.
Evgen commenced operations in January 2008 and has its headquarters at The Colony, Wilmslow, Cheshire, and its registered office at the Liverpool Science Park, Liverpool. It joined the AIM market of the London Stock Exchange in October 2015 and trades under the ticker symbol EVG.
For further information, please visit: www.evgen.com
For commissioned research on the Company, please visit: http://evgen.com/investors/analyst-coverage/