TIDMACE

RNS Number : 5133N

Auhua Clean Energy Plc

29 January 2016

AUHUA CLEAN ENERGY PLC

("Auhua" or the "Company")

Resignation of Nominated Adviser

29 January 2016: Auhua Clean Energy Plc (AIM: ACE) announces that it has received notice of the intention of Grant Thornton UK LLP ("Grant Thornton"), the Company's Nominated Adviser ("Nomad") to resign with effect from 29 February 2016.

The Company is in discussions with an alternative Nomad with a view to appoint a new Nomad within the notice period set out above. However, pursuant to AIM Rule 1, if a replacement Nomad is not appointed by the date that Grant Thornton ceases to act as Nomad, the Company's shares will be suspended from trading on AIM. If a replacement Nomad is not appointed within one month of the date that Grant Thornton ceases to act as Nomad, admission of the Company's shares to trading on AIM will be cancelled.

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Further information

 
 Auhua Clean Energy          Raphael Tham, Non-executive    raphael@auhuacleanenergy.com 
  plc                         Chairman 
--------------------------  -----------------------------  ----------------------------- 
                             Philip Secrett / Maureen 
 Grant Thornton UK            Tai / 
  LLP (Nominated Adviser)     Jamie Barklem                 +44 (0)20 7383 5100 
--------------------------  -----------------------------  ----------------------------- 
 

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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