On-Line PLC Nomad appointment, intention to change name

Date : 10/26/2017 @ 7:00AM
Source : UK Regulatory (RNS & others)
Stock : On-Line (ONL)
Quote : 131.0  0.0 (0.00%) @ 1:00AM
On-line Plc share price Chart

On-Line PLC Nomad appointment, intention to change name

On-line Plc (LSE:ONL)
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2 Years : From Jun 2017 to Jun 2019

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RNS Number : 6433U

On-Line PLC

26 October 2017

26 October 2017

ON-LINE PLC

("On-Line" or the "Company")

Appointment of Nominated Adviser

Intention to change company name

On-line PLC (AIM: ONL), is pleased to announce that Beaumont Cornish Limited has been appointed as Nominated Adviser with immediate effect.

At the next Annual General Meeting, the Board also intends to put forward a special resolution to change the Company's name from On-line PLC to On-line Blockchain PLC.

For many years we have worked as an incubator and investor in internet and information businesses. Blockchain technology and cryptocurrencies are a new and exciting area we have been working on for some time to provide systems to support the roll out of these technologies across a range of applications. These include information technology where our links with ADVFN provide us with particular opportunities.

As these start to come to fruition, we feel the time is right to re-name the company to reflect these developments, where we believe the future growth will be in our sector.

Throgmorton Street Capital remains as sole broker to the Company.

More information on On-Line can be found at: www.on-line.co.uk

For further information please contact:

 
 
   ON-LINE PLC 
   Clem Chambers, Director                clemc@advfn.com 
 Beaumont Cornish Limited (Nominated 
  Adviser) 
  www.beaumontcornish.com 
                                        +44 (0) 207 
 Roland Cornish/Michael Cornish          628 3396 
 

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

October 26, 2017 02:00 ET (06:00 GMT)

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