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Nomad Update

18 Oct 2017 17:13

RNS Number : 0045U
Northwest Investment Group Ltd
18 October 2017
 

18 October 2017

 

Northwest Investment Group Ltd.

 

Nomad Update

As previously disclosed the Company's Nominated Adviser will no longer be authorised as at 7am 19 October 2017. At that point the Company's shares will be suspended from trading on AIM, pursuant to AIM Rule 1.

If the Company does not then appoint a replacement Nominated Adviser within one month of suspension (by 20 November 2017), admission of the Company's shares to trading on AIM will be cancelled.

The Company's board is examining options to continue to give shareholders a market in the Company's shares. These include discussions with other Nominated Advisers.

Noting the recent share price decline, the Company announces it is unaware of any reason other than the above for the share price movement, and they will keep the market apprised of all material developments.

 

For further information please contact:

Northwest Investment Group Ltd.

Kaifeng Li, Chairman

 

+86 (0)10 8724 6052

ZAI Corporate Finance Ltd.

Nomad and Broker

Ray Zimmerman / Ruby Qu

 

+44 (0)20 7060 2220

 

This announcement contains information which was previously inside information for the purposes of Article 7 of the Market Abuse Regulation EU Regulation 596/2014. 

 

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