Resignation of Nomad (4684E)

TIDMMHG

RNS Number : 4684E

Merchant House Group PLC

31 May 2012

Merchant House Group plc

("MHG" or the "Company")

Resignation of Nomad

The Company announces that Cairn Financial Advisers LLP ("Cairn") has given one month's notice of its resignation as nominated adviser to the Company. Accordingly, Cairn will resign as nominated adviser to the Company on 30 June 2012.

In the event that the Company appoints a new nominated adviser by 30 June 2012, trading in the Company's shares may remain suspended pursuant to the suspension notice issued on 20 April 2012 for the reasons announced by the Company on the same date.

In accordance with AIM Rule 1, if the Company fails to appoint a new nominated adviser within one month from the effective date of Cairn's resignation, the admission of the Company's securities to trading on AIM will be cancelled.

For further information:

 
 Merchant House Group plc 
  James Holmes, Chairman 
  Christopher Day, CEO                  +44 (0) 20 7332 2200 
 Cairn Financial Advisers LLP 
  Tony Rawlinson / Avi Robinson         +44 (0) 20 7148 7900 
 Symvan Securities 
  Kealan Doyle / Nicholas Nicolaides    +44 (0) 20 7464 4260

This information is provided by RNS

The company news service from the London Stock Exchange

END

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