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Nomad appointment, intention to change name

26 Oct 2017 07:00

RNS Number : 6433U
On-Line PLC
26 October 2017
 

 26 October 2017

 

ON-LINE PLC

("On-Line" or the "Company")

Appointment of Nominated Adviser

Intention to change company name

On-line PLC (AIM: ONL), is pleased to announce that Beaumont Cornish Limited has been appointed as Nominated Adviser with immediate effect. 

At the next Annual General Meeting, the Board also intends to put forward a special resolution to change the Company's name from On-line PLC to On-line Blockchain PLC.

For many years we have worked as an incubator and investor in internet and information businesses. Blockchain technology and cryptocurrencies are a new and exciting area we have been working on for some time to provide systems to support the roll out of these technologies across a range of applications. These include information technology where our links with ADVFN provide us with particular opportunities.

As these start to come to fruition, we feel the time is right to re-name the company to reflect these developments, where we believe the future growth will be in our sector.

Throgmorton Street Capital remains as sole broker to the Company.

More information on On-Line can be found at: www.on-line.co.uk

 

For further information please contact:

 

ON-LINE PLC

Clem Chambers, Director

 

 

clemc@advfn.com

 

Beaumont Cornish Limited (Nominated Adviser)

www.beaumontcornish.com

Roland Cornish/Michael Cornish

+44 (0) 207 628 3396

ENDS

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