TIDMACRL

RNS Number : 0024T

Accrol Group Holdings PLC

09 October 2017

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Accrol Group Holdings plc

Update on Suspension of Trading on AIM

Further to the announcement made by Accrol Group Holdings plc (the "Company" or "Accrol"), on 5 October 2017 at 7.00am titled "Trading Update and Temporary Suspension of Trading on AIM", the Company provides the following update. The Directors believe that the current challenges facing the Company relate largely to FY18 and are likely to have less of an impact on the Company's trading performance in FY19. The Board are therefore confident that, whilst there can be no guarantee, a solution will be found to the Company's short term funding requirements. The Directors continue to review the position and, as part of this review, the Company is engaging with its major shareholders and its bank.

Continuing Suspension of Trading on AIM

As a result of the above circumstances trading in the Company's ordinary shares on AIM remains suspended pending clarification of its financial position.

 
 For further information please 
  contact: 
 Zeus Capital Limited (Nominated 
  Adviser & Joint Broker) 
 Dan Bate / Andrew Jones                    Tel: +44 (0) 161 831 
                                             1512 
 Dominic King / John Goold                  Tel: +44 (0) 20 3829 
                                             5000 
 
  Liberum Capital Limited (Joint 
  Broker) 
 Clayton Bush / Chris Clarke/               Tel: +44 (0) 20 3100 
  Lucy Sharma / Dominik Götzenberger    2222 
 
  Camarco (Media enquiries) 
 Jennifer Renwick / Kimberley               Tel: +44 (0) 203 757 
  Taylor                                     4994 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

October 09, 2017 02:00 ET (06:00 GMT)

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