Supply @ME Capital PLC Update on Publication of 2020 Annual Accounts (8521A)
June 04 2021 - 2:00AM
UK Regulatory
TIDMSYME
RNS Number : 8521A
Supply @ME Capital PLC
04 June 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED
UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014
WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN UNION
(WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS
ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION
IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
04 June 2021
Supply@ME Capital plc
(The "Company" or "SYME")
Update on Publication of 2020 Statutory Audited Financial
Statements
Further to the announcement made by the Company on 26 May 2021
relating to the acquisition of TradeFlow Capital Management Pte.
Ltd.([1]) ("Tradeflow") and the expected publication date of SYME's
2020 Statutory Audited Financial Statements ("2020 Accounts"), the
Company confirms that it will now publish its 2020 Accounts
following completion of the funding facility with a group of new
investors. This investment of fresh capital will support SYME's
strategic developments, including the acquisition of TradeFlow.
The new funding is expected to be completed in the coming days
and will be the subject of a separate announcement.
As a result, the Company's 2020 Annual General Meeting (AGM) is
also being rescheduled in order to give shareholders the requisite
Notice of Meeting. Details of the AGM will be announced with the
publication of the 2020 Accounts.
Notes
Supply@ME enables businesses to generate cashflow, without
incurring debt, by monetising their existing stock. Before a
business has found an end-customer for its inventory, the Supply@ME
platform enables them to sell ("monetise") their stock and receive
cash immediately to boost their working capital. The Supply@ME
service enables strong companies to improve their working capital
cycle. SYME does not monetise inventory for companies in financial
difficulty or with inventory that they are struggling to sell.
Contacts
Alessandro Zamboni, CEO, Supply@ME Capital plc,
investors@supplymecapital.com
Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780;
paul.vann@walbrookpr.com
Brian Norris, Cicero/AMO, +44 (0)20 7947 5317
[1] www.tradeflow.capital
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
MSCSSFSILEFSELM
(END) Dow Jones Newswires
June 04, 2021 02:00 ET (06:00 GMT)
Abal (LSE:ABAL)
Historical Stock Chart
From Apr 2024 to May 2024
Abal (LSE:ABAL)
Historical Stock Chart
From May 2023 to May 2024