MHG Merchant Hse

TIDMMHG

RNS Number : 4230G

Merchant House Group PLC

29 June 2012

29 June 2012

Merchant House Group plc

("MHG" or the "Company")

Update re: Resignation of Nomad

Further to the announcement made on 31 May 2012, the Company announces that it is in discussions with potential new nominated advisers with a view to an appointment being made as soon as possible. As this process may not be completed before 30 June 2012, Cairn Financial Advisers LLP ("Cairn"), the Company's incumbent nominated adviser, has agreed to remain in situ until the earlier of the appointment of a new nominated adviser and 31 July 2012.

In the event that the Company does not appoint a new nominated adviser by 31 July 2012 and if trading in the Company's shares has resumed by that date, trading in the Company's shares will be suspended with effect from 1 August 2012.

In accordance with AIM Rule 1, if the Company fails to appoint a new nominated adviser within one month from the effective date of Cairn's resignation, the admission of the Company's securities to trading on AIM will be cancelled.

For further information:

 
 Merchant House Group plc 
  James Holmes, Chairman 
  Christopher Day, CEO             +44 (0) 20 7332 2200 
 Cairn Financial Advisers LLP 
  Tony Rawlinson / Avi Robinson    +44 (0) 20 7148 7900 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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