PCG Entertainment plc Resignation of nominated adviser and broker (7870A)
May 31 2019 - 7:50AM
UK Regulatory
TIDMPCGE
RNS Number : 7870A
PCG Entertainment plc
31 May 2019
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR").
31(st) May 2019
PCG Entertainment Plc
("PCGE", the "Company" or the "Group")
PCG Entertainment Plc / Index: AIM / Epic: PCGE / NEX: PCGE
Update on the resignation of nominated adviser and broker
Further to the announcement of 3 May 2019, the Company confirms
that Allenby Capital Limited ("Allenby Capital") will cease to act
as the Company's nominated adviser and broker on AIM at the close
of business on 31 May 2019. Allenby Capital will concurrently also
cease to act as the Company's NEX Exchange Growth Market ("NEX")
corporate adviser.
The Company is in advanced discussions with another firm to act
as its nominated adviser, broker and corporate adviser. In the
event that the Company is unable to appoint a new nominated adviser
within one month of Allenby Capital ceasing to act as the Company's
nominated adviser then the admission to trading of the Ordinary
Shares on AIM will be cancelled.
The Company's ordinary shares of 0.1 pence each (the "Ordinary
Shares") are currently suspended from trading on both the AIM and
NEX following the Company's announcement on 21 March 2019 regarding
the possible reverse takeover of Vox Markets Limited and Align
Research Limited. Discussions are progressing well on these
proposed transactions and the Company will make further
announcements, as soon as possible.
For more information on PCGE please visit the Company's website,
www.pcge.com.
Enquiries:
PCG Entertainment PLC
Richard Poulden, Chairman Tel: +44 20 7812 0645
Allenby Capital Limited
Broker, Corporate Adviser and Nominated Adviser
Nick Naylor/Nick Harriss Tel: +44 20 3328 5656
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END
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(END) Dow Jones Newswires
May 31, 2019 07:50 ET (11:50 GMT)