Urals Energy To Delist From London's AIM On Failure To Appoint Nomad (ALLISS)

LONDON (Alliance News) - Urals Energy Public Co Ltd late Thursday said it was unable to appoint a ...

Alliance News 14 March, 2019 | 5:30PM
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LONDON (Alliance News) - Urals Energy Public Co Ltd late Thursday said it was unable to appoint a nominated advisor to replace Allenby Capital, the previous nomad that had resigned in mid-February.

As a result of the oil company's failure to appoint a nomad by Thursday, its listing on AIM will be cancelled early on Friday.

Urals Energy have been suspended since mid-February on the resignation of its nominated adviser.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Urals Energy PCL 38.00 -
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