RNS Number : 4080E
  Black Raven Properties PLC
  26 September 2008
   


 For immediate release  26 September 2008


    BLACK RAVEN PROPERTIES PLC
    ("Black Raven" or "the Company")

    Resignation of Nominated Adviser and Broker


    Black Raven Properties plc (AIM: BRP), the property company focussed on Portugal, announces that it was notified on 24 September 2008 by
its nominated adviser and broker, Arden Partners plc ("Arden"), of Arden's intention to resign with effect from 27 October 2008. 

    Under the AIM Rules, the Company has one month after 27 October 2008 to appoint a replacement nominated adviser. If the Company fails to
appoint a new nominated adviser within this period, the AIM admission of its shares will be cancelled by the London Stock Exchange at 7.00
am on 27 November 2008. 



    For further information:

 Black Raven Properties PLC
 Alex Pinto                              Tel: 00 351 919860848

 Nominated Adviser
 Arden Partners plc
 Richard Day / Adrian Trimmings          Tel: 020 7398 1600

 Buchanan Communications                 Tel: 020 7466 5000
 Mark Court





        


        
    

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