Umuthi Healthcare Solutions PLC Temporary Suspension - Further Update (1887I)
August 10 2021 - 7:27AM
UK Regulatory
TIDMUHS
RNS Number : 1887I
Umuthi Healthcare Solutions PLC
10 August 2021
10 August 2021
Umuthi Healthcare Solutions PLC
("Umuthi" or the "Company" or the "Group")
Temporary Suspension - Further Update
The Board of Directors of Umuthi wishes to provide shareholders
with a further update regarding the temporary suspension from
trading in the Company's Ordinary Shares on the Standard Listing
segment of the Official List of the UK Listing Authority.
As announced on 10 June 2021, the FCA temporarily suspended
trading in the Company's shares as a result of its concerns
regarding some Company shareholders who were involved in a share
exchange agreement prior to the Company's Admission to trading, not
being able to trade all of their shares. This was due, in some
instances, to share trading accounts not having been fully
activated.
Shareholders are referred to recent news announcements by the
Financial Conduct Authority regarding a service provider utilised
by Umuthi.
The Board wishes to assure shareholders that it has been
continuing with its efforts to address the operational issues
regarding the shares as raised by the FCA and has applied every
effort to facilitate an expeditious restoration.
Any shareholders who may have questions that they need
addressed, must please email info@umuthiplc.com to ensure such
issues are addressed by management. Management are not in a
position to address questions that are deemed inside information as
regulated by Market Abuse Regulation Rules.
The Board will keep shareholders appraised of all developments
and thank shareholders for their patience and support
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF THE MARKET ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART
OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT
2018.
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