TIDMAMBR

RNS Number : 6049H

Ambrian PLC

13 March 2018

Ambrian plc (in administration)

Notice of Resignation of Nomad and Broker

Ambrian plc (in administration) ("Ambrian" or the "Company" or, together with its subsidiaries, the "Group") announces that Cenkos Securities plc has served notice terminating its engagement with the Company as its nominated adviser ("Nomad") and broker, effective immediately.

The Company is aware of its obligations regarding the appointment (and continued appointment) of a Nomad under AIM Rule 1. Should the Company fail to appoint a replacement Nomad within one month of the date of this announcement, trading in the Company's securities on AIM will be cancelled.

The Company's securities remain suspended on AIM pursuant to the announcement dated 22 December 2018.

For further information, please contact:-

 
Ambrian plc 
Martin Abbott, Chairman              +44 (0)20 7634 4700 
John Coles, CFO 
 
Grant Thornton UK LLP 
Matthew Richards / David Dunckley, 
 Joint Administrators                +44 (0)20 7383 5100

This announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 on market abuse

The affairs, business and property of Ambrian plc are being managed by Matthew Richards and David Dunckley of Grant Thornton UK LLP, who were appointed Joint Administrators of the Company on 22 December 2017. The Joint Administrators act as agents of the Company without personal liability. Matthew Richards and David Dunckley are authorised by the IPA to act as insolvency practitioners.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 13, 2018 11:19 ET (15:19 GMT)

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