Update on NOMAD appointment
August 13 2009 - 7:32AM
UK Regulatory
TIDMUEN
RNS Number : 4043X
Urals Energy Public Company Limited
13 August 2009
Urals Energy Public Company Limited
("Urals Energy" or the "Company")
Update on Appointment of Nominated Adviser and Broker
Following the resignation of Urals Energy's previous nominated adviser and
broker ("Nomad" and "Broker"), Urals Energy confirms that it is currently in
discussions with potential replacement Nomads and Brokers, who are in the
process of undertaking standard due diligence on the Company.
The Company's shares are currently suspended from trading following the passing
of the 30 June 2009 deadline for the filing of annual accounts for the year
ended 31 December 2008. As previously announced, the Company is working on a
divestiture transaction with Sberbank and expects to issue its 2008 financial
statements shortly.
A further announcement regarding the appointment of Nomad and Broker will be
made in due course.
13 August, 2009
Enquiries:
Pelham +44(0)20 7337 1500
Mark Antelme
Evgeniy Chuikov
This information is provided by RNS
The company news service from the London Stock Exchange
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