TIDMDISH

RNS Number : 7741R

Amala Foods PLC

09 November 2021

Amala Foods Plc

( " Amala " or the " Company")

Statement re: Audit Process and Operational Update

Amala Foods Plc (LON: DISH), a food technology company, is pleased to provide an update on the audit process and an operational update. The Company is working with its independent auditors to provide the detail and third party verifications required in order to complete the audit process. The Company expects to publish the Annual Financial Report before the end of the month. Upon publication of the Annual Financial Report the Company will make application for the listing to be restored.

Operational Update

The Company has continued to progress its operations. Several restaurants have now undertaken testing of Amala plant-based pepperoni products and have expressed a willingness to incorporate the product into their menus with the first being launched by the end of this month. The Company is also meeting various restaurant groups in the USA in December with a view to secure supply agreements.

The Company remains active in research and development and substantial progress has been made including a significant technical breakthrough in the process of developing a gluten-free range of products.

Enquiries:

Jonathan Morley-Kirk, Non-Executive Chairman

jmk@bigdish.com

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

STRFIFLRLSLAIIL

(END) Dow Jones Newswires

November 09, 2021 02:00 ET (07:00 GMT)

Amala Foods (LSE:DISH)
Historical Stock Chart
From Apr 2022 to May 2022 Click Here for more Amala Foods Charts.
Amala Foods (LSE:DISH)
Historical Stock Chart
From May 2021 to May 2022 Click Here for more Amala Foods Charts.