St James House PLC Update on Annual Report and Accounts (2638D)
October 27 2020 - 2:00AM
UK Regulatory
TIDMSJH
RNS Number : 2638D
St James House PLC
27 October 2020
27 October 2020
ST. JAMES HOUSE PLC
("SJH", the "Group" or the "Company")
Update on Annual Report and Accounts
The Board of Directors of the Company (the "Board"), in
discussion with the Company's auditors, MHA MacIntyre Hudson, have
concluded that it will not be possible to publish the Company's
audited annual report and accounts for the year ending 31 January
2020 (the "Annual Report") by the revised deadline of 31 October
2020 (see announcement of 30 June 2020). The delay in publication
of the Annual Report is due to a combination of the inevitable
impact of the Covid-19 pandemic on staff availability and movements
and complexities in relation to fair value adjustments of certain
assets. As a result, the Company's ordinary shares of 1 pence each
are expected to be suspended from trading on the AIM market of the
London Stock Exchange ("AIM") with effect from 0730 on 2 November
2020 (the "Suspension").
The Annual Report will be published as soon as possible, and,
notwithstanding the Suspension, the Company will continue to make
announcements as and when there are any developments that require
announcement under the AIM Rules. The Board currently anticipates
the publication of the Annual Report and the return from the
Suspension around the end of November 2020.
The Board will also utilise the additional one-month extension,
as detailed in the Inside AIM publication issued on 9 June 2020,
for publishing its half-yearly report for the six-months to 31 July
2020, which will now be due by 30 November 2020.
For further information, contact:
St. James House PLC
Roger Matthews
Website www.sjhplc.com 020 3655 5000
Allenby Capital Limited
(Nomad, Financial Adviser & Broker)
John Depasquale / Nick Harriss 020 3328 5656
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END
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