Statement regarding Joint Broker
Updated : 12:35
Action Hotels plc
("Action Hotels" or the "Company")
Statement regarding Joint Broker
Action Hotels notes the announcement today regarding Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing Services Limited ("BACSL") being placed into insolvency and that the Financial Conduct Authority (the "FCA") has imposed requirements on BSL and BACSL to cease all regulatory activity.
BSL is a joint broker to the Company pursuant to the AIM Rules for Companies (the "AIM Rules"). As a result of the requirements imposed by the FCA, BSL will no longer be able to provide broking services to the Company in accordance with the AIM Rules.
For more information contact:
Action Hotels PLC | Tel: +44 (0) 20 7907 9663 |
Alain Debare, Chief Executive Officer | |
Katie Shelton, Director of Corporate Affairs |
Zeus Capital Limited (Nomad and Broker) | |
Dan Bate / Andrew Jones | Tel: +44 (0) 161 831 1512 |
Victoria Ayton | Tel: +44 (0) 20 3829 5000 |
This information is provided by RNS