16:43 Wed 20 Nov 2019
mporium Group PLC - Appointment of Administrator for Mporium Ltd
The information communicated in this announcement includes inside information for the purposes of Article 7 Regulation 596/2014.
("
Appointment of Administrator
and
Resignation of NOMAD
The Board regrets to announce that
The Board has concluded that the Company is no longer viable as a going concern and is taking advice as regards the steps to be taken to wind up the affairs of the Company. The Board does not expect there to be any surplus available to shareholders of
finnCap Ltd, the Company's nominated adviser, has subsequently resigned as the Company's nominated adviser and joint broker with immediate effect.
Following the appointment of administrators, the business and assets of MPML was sold by the administrators to a new company where
Pursuant to AIM Rule 1, if a replacement Nominated Adviser is not appointed within one month, the admission of the Company's securities will be cancelled on AIM. The Company has no current intention of appointing a replacement Nominated Adviser. The Company's shares remain suspended from trading on AIM.
Enquiries
| 020 3841 8411 |
|
|
|
|
| 020 7399 9427 |
|
|
|
|
This information is provided by RNS, the news service of the
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
FOR OUR FULL DISCLAIMER CLICK HERE