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DJ PCG Entertainment plc Resignation of nominated adviser and broker


RNS Number : 0204Y

PCG Entertainment plc

03 May 2019

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").

   3(rd)   May 2019 

PCG Entertainment Plc

("PCGE", the "Company" or the "Group")

PCG Entertainment Plc / Index: AIM / Epic: PCGE / NEX: PCGE

Resignation of nominated adviser and broker

The Company announces that Allenby Capital Limited ("Allenby Capital"), the Company's nominated adviser and broker, has served notice under its nominated adviser and broker agreements with the Company. The Company and Allenby Capital have agreed that Allenby Capital shall cease to act as the Company's nominated adviser and broker on AIM at the close of business on 31 May 2019 (the "Notice Period"). Allenby Capital will remain as the Company's NEX Exchange Growth Market ("NEX") corporate adviser in the short term but have served notice.

The Company's ordinary shares of 0.1 pence each (the "Ordinary Shares") are currently suspended from trading on both the AIM and NEX following the Company's announcement on 21 March 2019 regarding the possible reverse takeover of Vox Markets Limited and Align Research Limited. Discussions are continuing on these proposed transactions, and the Board anticipates that the Ordinary Shares will remain suspended under AIM Rule 14 beyond the Notice Period.

The Company is in discussion with another firm to act as its nominated adviser, broker and corporate adviser, however there can be no assurance that an appointment will take place prior to the expiry of the Notice Period. In the event that the Company is unable to appoint a new nominated adviser within one month of Allenby Capital ceasing to act as the Company's nominated adviser then the admission to trading of the Ordinary Shares on AIM will be cancelled.

For more information on PCGE please visit the Company's website,


PCG Entertainment PLC

Richard Poulden, Chairman Tel: +44 20 7812 0645

Allenby Capital Limited

Broker, Corporate Adviser and Nominated Adviser

Nick Naylor/Nick Harriss Tel: +44 20 3328 5656

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(END) Dow Jones Newswires

May 03, 2019 04:26 ET (08:26 GMT)