TIDMPPG

RNS Number : 5108J

Plutus PowerGen PLC

23 August 2021

Plutus PowerGen Plc / Ticker: PPG / Index: AIM

23 August 2021

PLUTUS POWERGEN PLC

("Plutus", the "Group" or the "Company")

Update re: Nominated Adviser

Plutus PowerGen PLC (AIM: PPG), the AIM listed cash shell, announces that further to the announcement of 20 August 2021, the Company is currently examining various options relating to its listing which may include an alternative listing to AIM. The Board will issue further updates relating to its listing and the advancement of the proposed transaction, announced on 11 June 2021, in due course.

The Board of Plutus would like to advise investors that pursuant to AIM Rule 1, the cancellation of the Company's trading on AIM would take effect from 7:00am on 21 September 2021 in the event that the Company fails to appoint a replacement nominated adviser by that time.

**ENDS**

For more information please contact:

 
           Plutus PowerGen PLC                                   Tel: +44 (0) 20 8720 6562 
            Charles Tatnall, Executive Chairman 
            James Longley, Interim CEO and Finance 
            Director 
           Turner Pope Investments (TPI) Limited                 Tel: +44 (0) 20 3657 0050 
            (Joint Broker)                                        Tel: +44 (0) 20 3700 2492 
            Andy Thacker 
            Pello Capital Limited (Joint Broker) 
            Mark Treharne 
            St Brides Partners Limited (Financial                 Tel: +44 (0)20 7236 1177 
             PR) 
             Isabel de Salis

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END

MSCDZGZRDFVGMZM

(END) Dow Jones Newswires

August 23, 2021 11:30 ET (15:30 GMT)

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