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Update on Appointment of Nominated Adviser

26 Feb 2016 07:00

RNS Number : 2287Q
Auhua Clean Energy Plc
26 February 2016
 

AUHUA CLEAN ENERGY PLC

("Auhua" or the "Company")

 

Update on Appointment of Nominated Adviser

 

 

26 February 2016: Auhua Clean Energy (AIM: ACE) previously announced the resignation of the Company's nominated adviser, Grant Thornton UK LLP, which will take effect on 29 February 2016. The Company announces that, while it is still in discussions with potential replacement nominated advisers, it will not be able to appoint a replacement nominated adviser by close of business of 26 February 2016. As such, trading in the Company's shares on AIM will be suspended with effect from 7.30am (GMT) on 29 February 2016.

 

While the Company continues to work to secure a replacement Nominated Adviser, shareholders are reminded that if the Company is unable to appoint a replacement nominated adviser within one month of suspension, the admission of the Company's shares to trading on AIM will be cancelled.

 

--ends--

 

Further information

 

Auhua Clean Energy plc

Raphael Tham, Non-executive Chairman

raphael@auhuacleanenergy.com

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett / Maureen Tai /

Jamie Barklem

+44 (0)20 7383 5100

 

WH Ireland

(Broker)

Tim Feather

 +44 (0)20 7220 1666

 

About Auhua:

Auhua Clean Energy (www.auhuacleanenergy.com) is an environmental technology group based in the Shandong Province of Eastern China specialising in the development and application of green energy and energy efficient solar thermal solutions. In particular, the Group is focused on the manufacture and sale of split-unit solar water heating systems.

 

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