2 Mar 2018 12:58
02 March 2018
Lansdowne Oil & Gas Plc
('Lansdowne' or the 'Company')
Statement re: Joint Broker
Lansdowne Oil & Gas Plc, the independent oil and gas company focussed on offshore Ireland, (AIM: LOGP), notes the announcement today regarding Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing Services Limited ("BACSL") being placed into insolvency and that the Financial Conduct Authority (the "FCA") has imposed requirements on BSL and BACSL to cease all regulatory activity.
BSL is joint broker to the Company. As a result of the requirements imposed by the FCA, BSL will no longer be able to provide broking services to the Company. Cantor Fitzgerald will continue as nominated adviser and will now perform the role of sole broker to the Company.
For further information please contact:
Lansdowne Oil & Gas plc Steve Boldy
| +353 1 495 9259 |
Cantor Fitzgerald Europe Nominated Advisor and Joint Broker David Porter Nick Tulloch |
+44 (0) 20 7894 7000 |
Lansdowne Oil (LOGP)