Indus Gas Limited Appointment of Nominated Adviser (4400J)
27 4월 2022 - 3:01PM
UK Regulatory
TIDMINDI
RNS Number : 4400J
Indus Gas Limited
27 April 2022
Indus Gas Limited
("Indus" or "the Company")
Appointment of Nominated Adviser
Indus Gas Limited (AIM:INDI.L), an oil and gas exploration and
development company with assets in India, is pleased to announce
the appointment of Strand Hanson Limited as its Nominated Adviser
and Financial Adviser with immediate effect. Arden Partners plc
will continue to act as Broker to the Company.
Further to the announcements by Arden Partners plc on 11 and 14
April 2022 regarding the loss of its nominated adviser status upon
the completion of its recommended takeover, the Company has
appointed Strand Hanson Limited as its nominated adviser. Given the
timing of the completion of the recommended takeover of Arden
Partners plc, the London Stock Exchange plc has agreed that subject
to initial due diligence being undertaken, Strand Hanson Limited
has until 5pm on 27 July 2022 to complete its full due
diligence.
There can be no guarantee on the outcome of the full due
diligence and its impact on Strand Hanson Limited's decision to
continue to act as nominated adviser. Accordingly, in such
circumstances there is a risk that if Strand Hanson Limited does
not continue to act as nominated adviser following completion of
its full due diligence and the Company has not found an alternative
nominated adviser, the Company's AIM securities may be suspended
pursuant to AIM Rule 1. If within one month of that suspension, the
Company has failed to appoint a replacement nominated adviser, the
admission of its AIM securities will be cancelled.
Notwithstanding the extension of time provided in respect of
completing full due diligence obligations at engagement, Strand
Hanson Limited will continue to be subject to all the ongoing
nominated adviser responsibilities under the AIM Rules for
Nominated Advisers.
For further information please contact:
Indus Gas Limited
+44 (0) 20 8133
Jonathan Keeling 3375
Strand Hanson Limited (Nominated and Financial
Adviser)
+ 44 (0) 20 7409
Ritchie Balmer, Rory Murphy 3494
Arden Partners plc (Broker)
Antonio Bossi, George Morgan
+44 (0) 20 7614
Equity Sales: James Reed-Daunter 5900
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
APPEAXLKAFNAEFA
(END) Dow Jones Newswires
April 27, 2022 02:01 ET (06:01 GMT)
Indus Gas (LSE:INDI)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 11월(11) 2024
Indus Gas (LSE:INDI)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024