Blur Group PLC Temporary Suspension (4735J)
June 28 2017 - 10:42AM
UK Regulatory
TIDMBLUR
RNS Number : 4735J
Blur Group PLC
28 June 2017
blur Group Plc
("blur", the "Group" or the "Company")
Suspension of trading on AIM pending publication of annual
accounts
As announced on 23 June 2017, the board continues to evaluate
alternative sources of near-term funding in relation to its working
capital position and to that end discussions are ongoing with
potential investors.
Pending the securing of this funding, which may or may not be
forthcoming, the Group is unable to sign-off the audit of its
annual report and accounts for the year ended 31 December 2016.
Consequently, the Company will not be in a position to publish its
annual report and accounts for the year ended 31 December 2016 by
30 June 2017 as required by Rule 19 of the AIM Rules for Companies
("AIM Rules").
Accordingly, dealings in the Company's ordinary shares will
therefore be temporarily suspended with immediate effect until such
time as the Company's accounts have been published in compliance
with AIM Rule 19.
Further announcements will be made at the appropriate time.
Notwithstanding the suspension of trading in the ordinary
shares, the Company will continue to make announcements as and when
there are any developments that require disclosure under the AIM
Rules.
For further information, please contact:
blur Group plc investors@blurgroup.com
Tim Allen Tel: +44 (0) 1392 927618
Shaun Dobson/James White N+1 Singer
Tel: +44 (0) 20 7496 3000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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