BHC.AQSE

British Honey Company PLC (The)
British Honey Co. - Appointment of Administrators to Subsidiary
21st April 2023, 16:01
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 1166X
British Honey Company PLC (The)
21 April 2023
 

21  April 2023

 

The British Honey Company plc

("BHC" or the "Company")

 

Appointment of Administrators to a subsidiary

&

Resignations of AQSE Corporate Adviser and Joint-Broker

 

 

On 21 March 2023, the Board of BHC announced that it had resolved to file notice of its intention to appoint administrators. Further to this announcement, the Board confirms that it has today appointed Geoff Rowley and Simon Stibbons, Partners of FRP Advisory Trading Limited as administrators of Union Distillers Limited,  BHC's major subsidiary  (the "Administrators").

 

BHC's ordinary shares were suspended from trading on AQUIS at 8.00am on 21 March 2023.

 

The BHC Board expects to appoint the Administrators as administrators of BHC during the course of next week.

 

Resignation of AQSE Corporate Adviser

 

Consequently, finnCap Ltd has informed the Company of its intention to resign as AQSE Corporate Adviser and Joint-Broker to BHC with immediate effect. Pursuant to Aquis Rule 5.2, if a Corporate Adviser is not retained, the admission of the Company's shares to trading on AQSE may be withdrawn and cancelled. The Company has no current intention of appointing a replacement Corporate Adviser.

 

In addition, Stanford Capital Partners, the Company's joint broker has also informed the Company of its intention to resign as Joint-Broker to the Company.

 

Further announcements will be made in due course

 

 

Enquiries:

 

The British Honey Company plc

Richard Day / Mark Jones

 

finnCap -

AQSE Corporate Adviser & Joint Broker

Carl Holmes / George Dollemore (corporate finance)

 

 

 

 

 

via Walbrook PR Limited

(see below)

 

Tel: +44 (0)20 7220 0500

Stanford Capital Partners -

Joint Broker

Patrick Claridge / John Howes / Bob Pountney

 

 

Walbrook PR Limited

Financial PR

Paul Vann / Nick Rome /Joe Walker

Tel: +44 (0)20 3650 3650

 

 

 

 

 Tel: +44 (0)20 7933 8780

        +44 (0)7768 807631

britishhoney@walbrookpr.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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NEXUARNRORUSUAR ]]>
TwitterFacebookLinkedIn