31 May 2019 12:50
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR").
31st May 2019
PCG Entertainment Plc
("PCGE", the "Company" or the "Group")
PCG Entertainment Plc / Index: AIM / Epic: PCGE / NEX: PCGE
Update on the resignation of nominated adviser and broker
Further to the announcement of 3 May 2019, the Company confirms that Allenby Capital Limited ("Allenby Capital") will cease to act as the Company's nominated adviser and broker on AIM at the close of business on 31 May 2019. Allenby Capital will concurrently also cease to act as the Company's NEX Exchange Growth Market ("NEX") corporate adviser.
The Company is in advanced discussions with another firm to act as its nominated adviser, broker and corporate adviser. In the event that the Company is unable to appoint a new nominated adviser within one month of Allenby Capital ceasing to act as the Company's nominated adviser then the admission to trading of the Ordinary Shares on AIM will be cancelled.
The Company's ordinary shares of 0.1 pence each (the "Ordinary Shares") are currently suspended from trading on both the AIM and NEX following the Company's announcement on 21 March 2019 regarding the possible reverse takeover of Vox Markets Limited and Align Research Limited. Discussions are progressing well on these proposed transactions and the Company will make further announcements, as soon as possible.
For more information on PCGE please visit the Company's website, www.pcge.com.
Enquiries:
PCG Entertainment PLC
Richard Poulden, Chairman Tel: +44 20 7812 0645
Allenby Capital Limited
Broker, Corporate Adviser and Nominated Adviser
Nick Naylor/Nick Harriss Tel: +44 20 3328 5656