Havelock Europa PLC Appointment of Administrators & Nomad Resignation (4440T)

TIDMHVE

RNS Number : 4440T

Havelock Europa PLC

03 July 2018

HAVELOCK EUROPA PLC

("Havelock" or the "Company")

Appointment of Administrators and Resignation of Nominated Adviser

Havelock announces that, further to its announcement on 27 June 2018, the Company has today appointed Graham Douglas Frost, and Toby Scott Underwood, both of PricewaterhouseCoopers LLP as administrators to the Company.

The company now in administration is Havelock Europa plc. Administrators have not been appointed to any other companies in the group.

The Company continues to trade with its customers.

The administrators will provide further updates in due course.

Furthermore, with agreement of the Board, WH Ireland Limited has resigned as Nominated Adviser and Broker to the Company with immediate effect. 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 pending further notice.

For further information, please contact:

       Havelock Europa plc                                                       Tel. 01592 648648

Ian Godden, Chairman

Shaun Ormrod, Chief Executive Officer

       Charlotte Street Partners (media enquiries)           Tel. 0131 516 5310

David Gaffney

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July 03, 2018 06:41 ET (10:41 GMT)

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