TIDMUVEL

RNS Number : 9968T

UniVision Engineering Ltd

18 October 2017

For immediate release

18 October 2017

UniVision Engineering Limited

("UniVision" or "the Group")

Change of Adviser

Further to the Exchange's announcement of 10 October 2017 and the Company's announcement of 11 October 2017 regarding the pending removal of ZAI Corporate Finance Limited from the register of nominated advisers, the Company has appointed SPARK Advisory Partners Limited as its nominated adviser. Given the particular circumstances, the Exchange has agreed that SPARK Advisory Partners Limited has until 5pm 19 December 2017 to finalise its due diligence and provide all relevant nominated adviser confirmations to the Exchange.

There can be no guarantee that SPARK Advisory Partners Limited will be able to satisfactorily conclude its due diligence by 5pm 19 December 2017 or provide the relevant declaration to the Exchange. Accordingly, in such circumstances there is a risk that the Company's AIM securities will be suspended on or before 5pm on 19 December 2017 pursuant to AIM Rule 1. If within one month of that suspension, the Company has failed to appoint a replacement nominated adviser, the admission of its AIM securities will be cancelled.

Notwithstanding the extension of time provided in respect of due diligence obligations at engagement, SPARK Advisory Partners Limited will continue to be subject to all the ongoing nominated adviser responsibilities under the AIM Rules for Nominated Advisers.

End

For further information please contact:

 
 UniVision Engineering Limited 
  www.uvel.com 
  Stephen Koo, Chairman                      +852 2389 3256 
  Chun Pan Wong, Chief Executive 
  Officer 
  Danny Kwok Fai Yip, Finance Director 
 
  Nicholas Lyth, Non-executive 
  Director                                 +44 (0) 7769 906686 
 SPARK Advisory Partners Limited 
  (Nominated Adviser) 
  Mark Brady 
  Neil Baldwin                                  +44 (0)20 3368 
  www.sparkadvisorypartners.com                           3551

This information is provided by RNS

The company news service from the London Stock Exchange

END

APPLLFFEIELTLID

(END) Dow Jones Newswires

October 18, 2017 11:27 ET (15:27 GMT)

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