2 Mar 2018 11:23
2 March 2018
Green & Smart Holdings plc
("Green & Smart" or "the Company")
Statement re Joint Broker
Green & Smart Holdings plc (AIM: GSH), a renewable energy company generating power from biogas captured through the treatment of palm oil mill effluent (POME) in Malaysia, notes the announcement today regarding Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing Services Limited ("BACSL") being placed into insolvency and that the Financial Conduct Authority (the "FCA") has imposed requirements on BSL and BACSL to cease all regulatory activity.
BSL is joint broker to the Company. As a result of the requirements imposed by the FCA, BSL will no longer be able to provide broking services to the Company. Cantor Fitzgerald will continue as nominated adviser and will now perform the role of sole broker to the Company.
Enquiries
Green & Smart Holdings plc |
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Saravanan Rasaratnam, Chief Executive Officer Navindran Balakrishnan, Chief Operations Officer | +603 2095 0024 |
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Cantor Fitzgerald Europe (Nominated Adviser and Broker) |
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Andrew Craig, Richard Salmond | +44 20 7894 7000 |
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Luther Pendragon Ltd (Financial PR) | |
Claire Norbury, Alexis Gore | +44 20 7618 9100 |