Polo Resources Limited Resignation of Nominated Adviser (8383U)
July 31 2020 - 12:25PM
UK Regulatory
TIDMPOL
RNS Number : 8383U
Polo Resources Limited
31 July 2020
This announcement contains inside information as defined in EU
Regulation No. 596/2014 and with the publication of this
announcement via a regulatory information service this information
is now considered to be in the public domain.
31 July 2020
POLO RESOURCES LIMITED
("Polo" or the "Company")
Resignation of Nominated Adviser
Polo Resources Limited (AIM: POL), the multi-sector investment
company with interests in oil, gold, coal, copper, phosphate,
lithium, iron and vanadium, announces that Allenby Capital Limited
("Allenby Capital") have served notice to resign as the Company's
nominated adviser. It has been mutually agreed between the Company
and Allenby Capital that this resignation will become effective at
the close of business on 31 August 2020.
Pursuant to Rule 1 of the AIM Rules for Companies, if an AIM
company ceases to have a nominated adviser, trading in its AIM
securities will be suspended. Accordingly, if no appointment is
made by 31 August 2020, the Company's shares will be suspended at
7.30 a.m. on 1 September 2020. 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.
The Company will endeavour to identify a nominated adviser to
succeed Allenby Capital and shall update shareholders in due
course.
For further information, please contact:
Polo Resources Limited
- Kudzayi Denenga, Investor Relations +27 (0) 787 312 919
Allenby Capital Limited (Nominated
adviser & broker)
- John Depasquale +44 (0)20 3328 5657
About the Company
Polo Resources Limited is a multi-sector investment company
focused on investing in undervalued companies and projects with
strong fundamentals and attractive growth prospects. For complete
details on Polo, please refer to: www.poloresources.com .
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
APPUAUNRRRUBOAR
(END) Dow Jones Newswires
July 31, 2020 12:25 ET (16:25 GMT)
Polo Resources (LSE:POL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Polo Resources (LSE:POL)
Historical Stock Chart
From Jul 2023 to Jul 2024