Ace Liberty & Stone PLC Statement re broker appointment (0218P)

TIDMALSP

RNS Number : 0218P

Ace Liberty & Stone PLC

04 February 2019

ACE LIBERTY AND STONE PLC

("Ace" or "the Company")

APPOINTMENT OF BROKER

The Company is pleased to announce that pursuant to the proposed merger between SP Angel Corporate Finance LLP ("SP Angel") and Northland Capital Partners Ltd, it has appointed SP Angel as its Broker with immediate effect.

- ends -

The Directors accept responsibility for this announcement.

For further information, please contact:

 
 Ace Liberty & Stone Plc           www.acelibertyandstone.com 
 Ivan Minter, Financial Director    Tel: +44 (0) 20 7201 8340 
                                  --------------------------- 
 
 Alfred Henry Corporate Finance 
  Ltd                                     www.alfredhenry.com 
  NEX Exchange Corporate Adviser 
                                  --------------------------- 
 Jon Isaacs / Nick Michaels         Tel: +44 (0) 20 3772 0021 
                                  --------------------------- 
 
 SP Angel Corporate Finance LLP 
  Broker                             http://www.spangel.co.uk 
                                  --------------------------- 
 Abigail Wayne / Rob Rees            Tel: +44 (0)20 3470 0470 
                                  --------------------------- 
 
 Belvedere Communications                 www.belvederepr.com 
                                  --------------------------- 
 John West / Kim van Beeck          Tel: +44 (0) 20 3687 2756 
                                  --------------------------- 
 
 ACF Equity Research                www.acfequityresearch.com 
                                  --------------------------- 
 Christopher Nicholson / Amalia     Tel: +44 (0) 20 7558 8974 
  Barnoschi 
                                  ---------------------------

Notes to Editors

Ace Liberty & Stone Plc is a property investment company with a diverse portfolio of properties located across the UK, currently including Leeds, Sunderland, Plymouth, Leicester, Barnstaple, and Manchester. The Company locates commercial properties with undoubted tenants which have the potential for an increase in value. Ace has maintained a track record of generating strong profits at disposal of properties and achieving better-than average returns on capital which are in turn utilised to underwrite an increasing dividend flow to shareholders. With strong support from shareholders and mortgage lenders, the Company is currently seeking further investment opportunities in the UK to create value for existing and new investors.

Ace is run by a board with extensive property experience, an excellent network of contacts and relevant professional qualifications. This sector expertise and a flexible and rapid decision-making process has allowed the Board to identify opportunities and act promptly to secure investments.

For more information on the Company please visit www.acelibertyandstone.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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February 04, 2019 10:17 ET (15:17 GMT)

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