As a result, it is the intention of the Directors to transition the company’s Nomad role from Northland to SP Angel. This process has already started and at present the company anticipates a smooth and orderly transition of the Nomad role.
However, the company recognises that the merger remains subject to regulatory approvals and due diligence. In accordance with AIM Rule 1, if in the event that the company fails to appoint a new Nomad by 1 February 2019 the Exchange will suspend trading in the company’s AIM Securities. In the event that the company has failed to appoint a replacement Nomad by 4 March 2019 the admission of its AIM Securities will be cancelled.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU).
