HNL Hague Ldn

TIDMHNL

RNS Number : 4613N

Hague and London Oil PLC

09 August 2017

9 August 2017

Hague and London Oil PLC

(the "Company" or "HALO")

Resignation of Nomad

Hague and London Oil PLC (AIM: HNL), announces that the Company has received notification from its Nominated Adviser and Broker, Stifel Nicolaus Europe Limited, of its resignation with immediate effect.

Trading of the shares of the Company on AIM is already suspended, in connection with its proposed acquisition of Tullow 101 Netherlands B.V., which would constitute a reverse takeover under AIM Rule 14.

Pursuant to Rule 1 of the AIM Rules, the Company has one month to appoint a replacement Nominated Adviser or else the admission of its AIM securities will be cancelled. The Company is currently engaged in discussions regarding the replacement of Stifel as its Nominated Adviser and Broker, and will update the market as appropriate.

For further information please contact:

 
 Hague and London Oil PLC                      +44 20 7520 9268 
 Andrew Cochran, Chairman and Interim CEO 
 Natalia Erikssen, IR/PR enquiries 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

August 09, 2017 02:00 ET (06:00 GMT)

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