Business
Statement re: Joint Broker
Statement re: Joint Broker.
About this update from Beacon Energy Plc
[{"type":"text","content":"\n \n02 March 2018\n\nAndalas Energy and Power Plc\n\n(‘Andalas’ or the ‘Company’)\n\nStatement re: Joint Broker\n\nAndalas Energy and Power Plc, the AIM traded Indonesian focused energy company (AIM: ADL), 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.\n\nBSL is joint broker to the Company. As a result of the requirements imposed by the FCA, BSL will no longer be able to provide broking services to the Company. Cantor Fitzgerald will continue as nominated adviser and will now perform the role of sole broker to the Company.\n\n-ENDS-\n\nFor Further Information:\n\n\n\nSimon Gorringe\nAndalas Energy and Power Plc\nTel: +62 21 2783 2316\n\n\n\n\n\n\n\n\n\nNick Tulloch / David Porter\nCantor Fitzgerald Europe\nTel: +44 20 7894 7000\n\n\n\n\n\n\n\n\n\n ","length":1841,"tagName":"div"}]