Back to all announcements

DJ United Cacao Limited SEZC Resignation of NEX Exchange Corporate Adviser

TIDMCHOC TIDMUCL

RNS Number : 3810T

United Cacao Limited SEZC

05 January 2017

5 January 2017

United Cacao Limited SEZC

Resignation of NEX Exchange Corporate Adviser

United Cacao Limited SEZC (AIM: CHOC) (the "Company"), the AIM-quoted cacao plantation company based in Peru, announces that it has also received notification from Strand Hanson Limited ("Strand Hanson") of its resignation as NEX Exchange Corporate Adviser, with immediate effect.

In accordance with Rule 78 of the NEX Exchange Growth Market Rules for Issuers, the Company's 7% secured convertible bonds due 30 June 2019 (the "Convertible Bonds") will be suspended from trading, with immediate effect pending, the appointment of a new NEX Exchange Corporate Adviser.

The Company will seek to appoint a new NEX Exchange Corporate Adviser as a matter of priority. Should the Company fail to appoint a replacement NEX Exchange Corporate Adviser within one month, the Convertible Bonds may be withdrawn from trading on the NEX Exchange Growth Market. In any event, the Convertible Bonds will normally be withdrawn no later than six months after the date of suspension if no replacement NEX Exchange Corporate Adviser is appointed.

For more information please visit www.unitedcacao.com or contact:

 
                                       +1 345 815 
 United Cacao Limited SEZC              2710 
 Constantine Gonticas 
 
                                       +44 (0) 20 
 Beaufort Securities (Joint Broker)     7382 8300 
 Jon Belliss / Elliot Hance 
 
 Kallpa Securities SAB (Joint 
  Broker)                              +51 1 630 7500 
 Ricardo Carrion 
 
                                       +44 (0) 20 
 Tavistock (PR Adviser)                 7920 3150 
 Niall Walsh / Jos Simson 
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR").

This information is provided by RNS

The company news service from the London Stock Exchange

END

APPBZLLBDFFEBBX

(END) Dow Jones Newswires

January 05, 2017 02:00 ET (07:00 GMT)