Ace Liberty & Stone PLC Admission to AQSE's Apex market (4686I)

TIDMALSP

RNS Number : 4686I

Ace Liberty & Stone PLC

14 December 2020

ACE LIBERTY AND STONE PLC

("Ace" or "the Company")

ADMISSION TO APEX MARKET

Ace Liberty and Stone Plc (AQSE: ALSP), the active property investment company, capitalising on commercial property investment opportunities across the UK, is delighted to announce its admission to AQSE's Apex market.

From today the AQSE Growth Market has been divided into two segments 'Access' and 'Apex', with different levels of admission criteria, in order to provide appropriate support across companies' growth cycles. The Access market will focus on earlier stage growth companies, while Apex is the intended market for larger, more established businesses.

The Apex market, with its more stringent admission criteria and focus on good corporate governance and share liquidity has been developed to increase support from both retail and institutional investors by applying core values, such as transparency and a robust regulatory framework.

We are excited to be one of only a handful of existing AQSE companies to be offered the opportunity to move up to the Apex market at its inception.

The Directors accept responsibility for this announcement.

- ends -

For further information, please contact:

 
 
  Ace Liberty & Stone Plc 
   Ivan Minter, Financial Director            Tel: +44 (0) 20 7201 8340 
                                              http://acelibertyandstone.com 
   Alfred Henry Corporate Finance Ltd, 
    AQSE Growth Market Corporate Adviser       Tel: +44 (0) 20 3772 0021 
   Jon Isaacs / Nick Michaels                 www.alfredhenry.com 
 
   SP Angel Corporate Finance LLP 
    Broker                                     Tel: +44 (0)20 3470 0470 
    Vadim Alexandre / Rob Rees                 www.spangel.co.uk 
 
 
   Belvedere Communications 
   John West / Llew Angus                     Tel: +44 (0) 20 3687 2756 
 
   ACF Equity Research 
   Christopher Nicholson / Amalia Barnoschi   Tel: +44 (0) 20 7558 8974 
                                              www.acfequityresearch.com

Notes to Editors

Ace Liberty & Stone Plc is a property investment company with a diverse portfolio of properties located across the UK, currently including Leeds, Sunderland, Plymouth, Dudley, Gateshead, Barnstaple, and London. The Company locates commercial and residential properties which have the potential for an increase in value through creative asset management activity, such as change of tenancy, change of use or new lease negotiation. Ace has maintained a track record of generating strong profits at disposal of properties and achieving better-than average returns on capital. With strong support from shareholders and mortgage lenders, the Company is currently seeking further investment opportunities in the UK to create value for existing and new investors.

Ace is run by a Board with extensive property experience, an excellent network of contacts and relevant professional qualifications. This sector expertise has allowed the Board to identify opportunities and act promptly to secure investments.

 
 For more information on the Company please visit www.acelibertyandstone.com

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December 14, 2020 02:00 ET (07:00 GMT)

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