Sondrel (Holdings) plc Suspension of Trading on AIM
June 24 2024 - 10:26AM
RNS Regulatory News
RNS Number : 6539T
Sondrel (Holdings) plc
24 June 2024
24 June 2024
Sondrel (Holdings) plc
("Sondrel", the
"Company" and together with its subsidiaries the
"Group")
Suspension of trading on AIM pending publication of 2023 Annual
Report & Accounts
Sondrel (AIM: SND), a
leading provider of ultra-complex chips for leading global
technology brands, provides the following update in
relation to its Annual Report and Financial Statements for its
financial year ended 31 December 2023 (the "2023 Annual Report").
As stipulated by Rule 19 of the AIM Rules for
Companies (the "AIM
Rules"), the Company is required to publish its 2023 Annual
Report by 30 June 2024. However, the Company confirms that its
auditors will require additional time to complete their audit
following completion of the Company's subscription to raise £5.6
million on 14 June 2024.
As a result, the Company no longer expects to
be able to publish the 2023 Annual Report by 30 June 2024.
The Company is now targeting the publication of the 2023
Annual Report during July 2024.
Trading in the Company's ordinary shares on AIM
will therefore be suspended with effect from 7.30 a.m. on 1 July
2024 pending publication of the 2023 Annual Report. Suspension from
trading is expected to be lifted with the publication of the 2023
Annual Report in due course.
Notwithstanding the anticipated temporary
suspension of trading in the Company's ordinary shares, the Company
will continue to make announcements as and when there are any
developments that require announcement in accordance with its
obligations under the AIM Rules.
For further information:
|
Sondrel (Holdings) plc
|
Via
Buchanan
|
|
David Mitchard, Interim
CEO
|
Tel: +44
(0) 20 7466 5000
|
|
Nick Stone, Interim CFO
|
|
|
|
|
|
Cavendish Capital Markets Limited
|
Tel: +44
(0) 20 7220 0500
|
|
Ben Jeynes / Katy Birkin / George
Lawson - Corporate Finance
|
|
|
Michael Johnson / Charlie Combe -
Sales and ECM
|
|
|
|
|
|
Buchanan Communications
|
Tel: +44
(0) 20 7466 5000
|
Chris Lane / Stephanie Whitmore / Abby
Gilchrist
sondrel@buchanan.uk.com
The
information contained within this announcement is deemed by the
Company to constitute inside information as stipulated under the
Market Abuse Regulation (EU) No. 596/2014 as it forms part of
United Kingdom domestic law by virtue of the European Union
(Withdrawal) Act 2018, as amended by virtue of the Market Abuse
(Amendment) (EU Exit) Regulation, 2019.
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
UPDBUGDLSDDDGSS
Sondrel (holdings) (LSE:SND)
Historical Stock Chart
From May 2024 to Jun 2024
Sondrel (holdings) (LSE:SND)
Historical Stock Chart
From Jun 2023 to Jun 2024
