23 Aug 2021 16:30
Plutus PowerGen Plc / Ticker: PPG / Index: AIM
23 August 2021
PLUTUS POWERGEN PLC
("Plutus", the "Group" or the "Company")
Update re: Nominated Adviser
Plutus PowerGen PLC (AIM: PPG), the AIM listed cash shell, announces that further to the announcement of 20 August 2021, the Company is currently examining various options relating to its listing which may include an alternative listing to AIM. The Board will issue further updates relating to its listing and the advancement of the proposed transaction, announced on 11 June 2021, in due course.
The Board of Plutus would like to advise investors that pursuant to AIM Rule 1, the cancellation of the Company's trading on AIM would take effect from 7:00am on 21 September 2021 in the event that the Company fails to appoint a replacement nominated adviser by that time.
**ENDS**
For more information please contact:
Plutus PowerGen PLC Charles Tatnall, Executive Chairman James Longley, Interim CEO and Finance Director
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| Tel: +44 (0) 20 8720 6562
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Turner Pope Investments (TPI) Limited (Joint Broker) Andy Thacker
Pello Capital Limited (Joint Broker) Mark Treharne |
| Tel: +44 (0) 20 3657 0050
Tel: +44 (0) 20 3700 2492 |
St Brides Partners Limited (Financial PR) Isabel de Salis |
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Tel: +44 (0)20 7236 1177 |