Ottoman Fund Limited (The) Notice of Resignation of Nomad and Broker (6812G)
05 März 2018 - 11:27AM
UK Regulatory
TIDMOTM
RNS Number : 6812G
Ottoman Fund Limited (The)
05 March 2018
THE OTTOMAN FUND LIMITED (the "Company")
Notice of Resignation of Nomad and Broker
The Ottoman Fund Limited (AIM:OTM) announces that Nplus1 Singer
Advisory LLP ("N+1 Singer") has served notice to terminate its
engagement as the Company's nominated adviser ("Nomad") and broker
effective 5 April 2018 (the "Effective Date"). The Effective Date
is also the proposed date of cancellation of admission of the
Company's Participating Shares to trading on AIM, as set forth in
the circular published on 28 February 2018. N+1 Singer's notice of
termination is, however, effective regardless of whether the
Company's shareholders approve the cancellation of admission of the
Company's Participating Shares to trading on AIM.
The Company does not expect to appoint a replacement Nomad
following the Effective Date and therefore would expect that if the
shareholders do not approve the cancellation of admission, as
recommended by the Company's Board, trading in the Company's
securities on AIM will be cancelled one month after the Effective
Date pursuant to AIM Rule 1.
The Company's securities remain suspended on AIM pursuant to the
notice dated 20 November 2017.
Enquiries:
N+1 Singer
James Maxwell 0207 496 3000
Vistra Fund Services
Limited
Company Secretary 01534 504 700
This information is provided by RNS
The company news service from the London Stock Exchange
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