TIDMGSH

RNS Number : 5409G

Green & Smart Holdings plc

02 March 2018

2 March 2018

Green & Smart Holdings plc

("Green & Smart" or "the Company")

Statement re Joint Broker

Green & Smart Holdings plc (AIM: GSH), a renewable energy company generating power from biogas captured through the treatment of palm oil mill effluent (POME) in Malaysia, 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.

Enquiries

 
 Green & Smart Holdings plc 
 Saravanan Rasaratnam, Chief Executive 
  Officer 
  Navindran Balakrishnan, Chief Operations 
  Officer                                     +603 2095 0024 
 
 Cantor Fitzgerald Europe (Nominated 
  Adviser and Broker) 
 Andrew Craig, Richard Salmond                +44 20 7894 7000 
 
 Luther Pendragon Ltd (Financial 
  PR) 
 Claire Norbury, Alexis Gore                  +44 20 7618 9100 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

APPLLFFLVLIFIIT

(END) Dow Jones Newswires

March 02, 2018 06:23 ET (11:23 GMT)

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