ESM Adviser Resignation (2092A)
March 27 2012 - 12:22PM
UK Regulatory
TIDMWSPR
RNS Number : 2092A
Worldspreads Group PLC
27 March 2012
WorldSpreads Group plc
("WorldSpreads" or the "Company")
ESM Adviser Resignation
WorldSpreads announces that Bloxham Stockbrokers resigned as its
ESM adviser and Irish broker to the Company on 16 March 2012.
Pursuant to ESM Rule 1, if a replacement ESM Adviser is not
appointed within one month of this date, the Irish Stock Exchange
may cancel the admission of the Company's securities.
Following the appointment of a receiver to the Company by the
Company's secured lender it is not anticipated that there will be
any return to the Company's shareholders.
27 March, 2012
WorldSpreads Group plc
Lindsay McNeile, Executive Chairman
Dominic Bacon, General Counsel
+44 (0)20 7398 5100
BDO LLP
Jim Hamilton, Receiver appointed to Worldspreads Group plc
+353 (0) 1 470 0000
This announcement has been issued through the Companies
Announcement Service of
The Irish Stock Exchange.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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