Resignation of Nominated Adviser and Broker
26 June 2015
Mwana wishes to announce that it has received notice of the intention of Peel Hunt LLP ("Peel Hunt"), the Company's Nominated Adviser ("Nomad") and Broker, to resign with effect from 25th July 2015.
The company is in discussions with replacement advisers and brokers with a view to the new Nomad being appointed within the notice period set out above. Peel Hunt have indicated that they will fully cooperate with the new Nomad to ensure a smooth transition.
In consequence the Company are obliged to give formal notification that, pursuant to AIM Rule 1, if a replacement Nomad is not appointed by the date that Peel Hunt ceases to act as Nomad, the Company's shares will be suspended from trading on AIM, and if a replacement Nomad is not appointed within one month of the date that Peel Hunt ceases to act as Nomad, admission of the Company's shares to trading on AIM will be cancelled.
For further information contact:
Mwana Africa PLC
Yim Chiu Kwan, Finance Director Tel: +44 (0) 7760 833 887
Amilha Young, Group General Counsel and Company Secretary Tel: + 44 (0) 203 696 5470
Nominated Adviser and Broker
Peel Hunt LLP
Matthew Armitt / Ross Allister
Tel: +44 (0) 20 7418 8900
Public and investor relations
Russell and Associates (South Africa)
Jim Jones / Leigh King
Tel: +27 (0) 11 880 3924
Tavistock (UK)
Ed Portman / Jos Simson / Mike Bartlett
Tel: +44 (0) 207 920 3150
About Mwana Africa PLC
Mwana Africa PLC is a pan-African, multi-commodity mining and development company. Mwana's principal operations and exploration activities cover gold, nickel, copper and diamonds in Zimbabwe, the Democratic Republic of Congo (DRC) and South Africa.