Sign In
29 Jun 2012 07:00
29 June 2012
Merchant House Group plc
("MHG" or the "Company")
Update re: Resignation of Nomad
Further to the announcement made on 31 May 2012, the Company announces that it is in discussions with potential new nominated advisers with a view to an appointment being made as soon as possible. As this process may not be completed before 30 June 2012, Cairn Financial Advisers LLP ("Cairn"), the Company's incumbent nominated adviser, has agreed to remain in situ until the earlier of the appointment of a new nominated adviser and 31 July 2012.
In the event that the Company does not appoint a new nominated adviser by 31 July 2012 and if trading in the Company's shares has resumed by that date, trading in the Company's shares will be suspended with effect from 1 August 2012.
In accordance with AIM Rule 1, if the Company fails to appoint a new nominated adviser within one month from the effective date of Cairn's resignation, the admission of the Company's securities to trading on AIM will be cancelled.
For further information:
Merchant House Group plc James Holmes, Chairman Christopher Day, CEO
| +44 (0) 20 7332 2200 |
Cairn Financial Advisers LLP Tony Rawlinson / Avi Robinson
| +44 (0) 20 7148 7900 |
Follow the stocks
