S-Ventures PLC Delay in publication of final results
May 30 2024 - 5:50AM
RNS Regulatory News
RNS Number : 4746Q
S-Ventures PLC
30 May 2024
S-Ventures PLC
("S-Ventures", the "Company"
or the "Group")
Delay in publication of final
results for the 15-month period to December 31
2023
Following the Company's previous
announcement on 22 March 2024 stating that it had changed its year
end to 31 December and that it intended to publish its audited
results for the 15-month period ending 31 December 2023
("FYE 2023") in June 2024,
S-Ventures plc announces that the publication of the Group's
consolidated audited results for FYE 2023 will be delayed due to a
number of factors including auditors resources and various
workstreams including stock takes and impairments following year
end change.
The Group had previously been
assured by all parties that the audit would be completed by 30 June
2024. In recent discussions, however, it has been made clear that
we would not be able to complete the audit by this date.
The Directors are currently in
discussions with auditors to complete the audit of the Group's
final results for the FYE 2023 as soon as possible and will update
the Company's shareholders and the market regarding the timing of
publication as soon as it is able.
The board recognises that a temporary
suspension of trading will occur until the audit is filed and
released.
For
more information, please contact:
|
The
Company
Stephen Argent (Chief Financial
Officer)
Scott Livingston (Chief Executive
Officer)
|
+44 (0) 203 475 0230
|
|
|
|
|
AQSE Corporate Adviser and Broker:
VSA Capital Limited
Andrew Raca
|
+44 (0) 20 3005 5000
|
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END
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