Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

GRAPHENE NANOCHEM PLC

SummaryNewsCompany 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Graphene Nanochem : Notice of Resignation of Nomad and Broker

01/31/2018 | 08:55am EDT

For Immediate Release

31 January 2018

Graphene NanoChem PLC

('Graphene NanoChem' or the 'Group' or the 'Company')

Notice of Resignation of Nomad and Broker

Graphene NanoChem (AIM:GRPH),the international provider of nanotechnology performance enhancing solutions for global industries, announces that Panmure Gordon (UK) Limited ('Panmure') has served notice, which has been mutually agreed by the Company, to terminate its engagement with the Company as its current nominated adviser ('Nomad') and broker. Termination will not be effective until 16 February 2018 (the 'Effective Date'), and as such, Panmure shall remain the Company's Nomad until then, unless the Company appoints a replacement Nomad beforehand.

The Company is aware of its obligations regarding the appointment (and continued appointment) of a Nomad under AIM Rule 1. Should the Company fail to appoint a replacement Nomad within one month of the Effective Date, trading in the Company's securities on AIM will be cancelled.

The Company's securities remain suspended on AIM pursuant to the announcement dated 30 November 2017. The Company shall provide updates as appropriate but it is currently anticipated that the Company will need to appoint a replacement Nomad pursuant to AIM Rule 1 prior to any publication of the required AIM Admission Document by Graphene NanoChem pursuant to the Proposed Acquisition (or an announcement that the Proposed Acquisition is no longer proceeding). Pursuant to AIM Rule 41, the Exchange will cancel admission of a Company's securities where trading in them has been suspended for more than six months.

Whilst negotiations are at an advanced stage, there can be no certainty that the Proposed Acquisition will be concluded successfully and Graphene NanoChem will update shareholders as the matter progresses. The Group continues to manage its working capital position prudently in order to continue trading as a going concern.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information:

Graphene NanoChem

Tel: +603 2282 3080

Jespal Deol, Chief Executive Officer

Panmure Gordon (NOMAD and Broker)

Tel: +44 (0) 20 7886 2500

Adam James / Tom Salvesen

Yellow Jersey PR Limited (Media)

Tel: +44 (0) 75 4427 5882

Charles Goodwin / Harriet Jackson

Graphene NanoChem plc published this content on 31 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 January 2018 13:54:09 UTC.


ę Publicnow 2018
All news about GRAPHENE NANOCHEM PLC
2018GRAPHENE NANOCHEMá : Confirmation of Resignation of Nomad and Broker
PU
2018GRAPHENE NANOCHEMá : Notice of Resignation of Nomad and Broker
PU
2018GRAPHENE NANOCHEMá : Resignation of Director
PU
2018GRAPHENE NANOCHEMá : Proposed Acquisition Update
PU
2017GRAPHENE NANOCHEMá : Proposed Acquisition and Suspension of Trading
PU
2017GRAPHENE NANOCHEMá : Conversion of Loan Notes and Issue of Equity
PU
2017GRAPHENE NANOCHEMá : Conversion of loan note and issue of equity
PU
2017GRAPHENE NANOCHEMá : Conversion of loan note and issue of equity
PU
2017GRAPHENE NANOCHEMá : Preliminary Results
PU
2017GRAPHENE NANOCHEMá : Polymer Division Paid Pilot
PU
More news
Managers and Directors
NameTitle
Jespal Singh Deol Balbir Chief Executive Officer & Director
Sushil Singh Joginder Sidhu Director & Finance Director
Nyap Liou Gan Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
GRAPHENE NANOCHEM PLC0
ECOLAB INC.-5.25%58 620
SIKA AG21.67%45 214
GIVAUDAN SA14.02%42 498
YUNNAN ENERGY NEW MATERIAL CO., LTD.34.35%26 216
EMS-CHEMIE HOLDING AG4.51%22 606