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Woodbois Limited announced on 9 October 2024 that Canaccord Genuity Limited resigned as its nominated adviser and broker with immediate effect. Consequently, trading in Woodbois' securities on AIM has been suspended, and if a replacement Nominated Adviser is not appointed within one month, the Company's AIM admission will be cancelled.
| Date | 9 Oct 2024 |
| Time | 11:20:00 |
| Category | Miscellaneous |
| ID | 5589H |
9th October 2024
WOODBOIS LIMITED
("Woodbois," the "Group," the "Company")
Resignation of Nominated Adviser and Suspension of AIM Admission
Woodbois announces that Canaccord Genuity Limited ("Canaccord Genuity") has resigned as the Company's nominated adviser and broker with immediate effect.
Under Rule 1 of the AIM Rules for Companies, if an AIM company ceases to have a nominated adviser the London Stock Exchange will suspend trading in its AIM securities. Accordingly, trading in the Company's securities on AIM has now been suspended. If a replacement Nominated Adviser is not appointed within one month, the admission of the Company's ordinary shares to trading on AIM will be cancelled.
The Company had already begun the process of engaging with a new nominated adviser and will make a further announcement in due course.
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Woodbois Limited Guido Theuns, Executive Chair & CEO Johannes Bloemen, CFO |
+ 44 (0)20 7099 1940 |
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Novum Securities (Joint Broker) Colin Rowbury, Jon Bellis |
+44 (0) 20 7399 9427 |
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Axis Capital Markets Limited (Joint Broker) Ben Tadd, Lewis Jones |
+44 (0) 203 026 0449 |
About Woodbois:
Woodbois is a Guernsey-based company at the forefront of the timber industry, committed to delivering quality products and sustainable solutions. With a legacy of innovation and a vision for the future, it strives to set industry standards and exceed expectations. Please follow the Company on X: @WoodboisLtd