Sign up United Kingdom
Galileo Resources PLC (LON:GLR)

Galileo Resources PLC (LON:GLR)


Share Price
1.08 p
Change
-0.01 (-0.92 %)
Market Cap
£3.27 m
Proactive Investors - Run By Investors For Investors

Galileo Resources PLC RNS Release

STATEMENT REGARDING BROKER


RNS Number : 5533G
Galileo Resources PLC
02 March 2018
 


 

For immediate release

 

02 March 2018

Galileo Resources Plc

("Galileo" or "the Company")

STATEMENT REGARDING BROKER

 The Company notes the announcement today regarding Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing Services Limited ("BACSL") being placed into insolvency and that the Financial Conduct Authority (the "FCA") has imposed requirements on BSL and BACSL to cease all regulatory activity.

BSL is the broker to the Company pursuant to the AIM Rules for Companies (the "AIM Rules").  As a result of the requirements imposed by the FCA, BSL will no longer be able to provide broking services to the Company in accordance with the AIM Rules.

The Company is seeking to appoint a new broker as soon as possible and a further announcement will be made when this appointment is made.

 

You can also follow Galileo on Twitter: @GalileoResource

For further information, please contact:

Galileo Resources PLC

Colin Bird, Chairman

Andrew Sarosi, Executive Director

Tel +44 (0) 20 7581 4477 

 

Tel +44 (0) 1752 221937

 

 

Beaumont Cornish Limited  - Nomad 

Roland Cornish/James  Biddle

Tel +44 (0) 20 7628 3396

 

 

Beaufort Securities Limited - Broker

Jon Bellis/Elliot Hance

Tel +44 (0) 20 7382 8416

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
APPSSFFEEFASEFD

Galileo Resources PLC Timeline

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use