Resignation of Nominated Adviser and Broker
30 March 2009
Collins Stewart Europe Limited has resigned as nominated advisor and broker to the Company with immediate effect. As a consequence of this, the Company's shares have been suspended from trading.
If within one month following such suspension, the Company has failed to appoint a replacement nominated adviser, the admission of the Company's shares to trading on AIM will be cancelled.
The Company's Chairman David Hickey said: "An unfortunate consequence of the aggressive cost cutting referred to in the interim announcement on 16 March has been to eliminate fees and costs payable to certain of the Company's advisors including those in connection with its AIM listing."
For further information:
| General Capital Group Plc Steven Hartley, Chief Executive steve.hartley@generalcapital.co.uk |
Tel: +44 (0) 1603 610 610 www.generalcapital.co.uk |
Media enquiries
| Abchurch Communications George Parker / Jack Ballantyne jack.ballantyne@abchurch-group.com |
Tel: +44 (0) 20 7398 7719 www.abchurch-group.com |