MediaZest Plc - Nominated Adviser Status
PR Newswire
London, December 12
MediaZest Plc
("MediaZest", the "Company" or "Group"; AIM: MDZ)
Nominated Adviser Status
MediaZest, the AIM quoted creative audio-visual company, announces that the Directors have been advised by its current nominated adviser ("Nomad"), Northland Capital Partners Limited ("Northland"), of its proposed merger with SP Angel Corporate Finance LLP ("SP Angel"). Northland has voluntarily agreed to relinquish its Nomad status and will be removed from the register of Nomads with effect from 7am on 1 February 2019.
As a result, the Company has been working through alternative Nomad options including the possibility of a move to SP Angel. This process is ongoing and the Company expects to appoint a replacement Nomad well before 1 February 2019.
In the unlikely event the Company fails to appoint a replacement Nomad by 1 February 2019, the Exchange will suspend trading in the Company's AIM Securities in accordance with AIM Rule 1. In the unlikely event that the Company fails to appoint a replacement Nomad by 4 March 2019, the admission of its AIM Securities will be cancelled.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU)
| Enquiries: | |
| Geoff Robertson Chief Executive Officer MediaZest Plc | 0845 207 9378 |
| David Hignell / Edward Hutton Nominated Adviser Northland Capital Partners Limited | 020 3861 6625 |
| Claire Noyce Broker Hybridan LLP | 020 3764 2341 |
Notes to Editors:
About MediaZest
MediaZest is a creative audio-visual systems integrator that specialises in providing innovative marketing solutions to leading retailers, brand owners and corporations, but also works in the public sector in both the NHS and Education markets. The Group supplies an integrated service from content creation and system design to installation, technical support, and maintenance. MediaZest was admitted to the London Stock Exchange's AIM market in February 2005. For more information, please visit www.mediazest.com .
