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Wednesday 11 February, 2009

Gippsland Limited

Resignation of Nomad

RNS Number : 1288N
Gippsland Limited
11 February 2009
 





11 February 2009


Gippsland Limited ('Gippsland' or 'the Company')


Resignation of Nominated Advisor / Joint Broker 

Gippsland announces that Seymour Pierce Limited, its Nominated Adviser ('Nomad') and Joint Broker for the purposes of AIM Rules for Companies, has resigned with immediate effect.


Consequently, the Company's shares are suspended from trading on the AIM market until a replacement Nominated Advisor is appointed.


During the past 2 months the Company has been evaluating alternative Nomads and is presently in advanced discussions with a London-based Nomad which it is anticipated will also act as the Company's Broker.


In the event that an alternative Nomad is not appointed on or before 7.00am on 12 March 2009 then in accordance with Rule 1 of the AIM Rules for Companies, the admission of the ordinary shares to trading on AIM will be cancelled.


RJ (Jack) Telford

Executive Chairman 

Gippsland Limited

 www.gippslandltd.com


For further information, please contact:


Jack Telford


Gippsland Limited


M: +61 418 911 928


T:  +61 8 9340 6000


E: jtelford@gippslandltd.com  





This information is provided by RNS
The company news service from the London Stock Exchange
 
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