New Trend Lifestyle Group plc COVID-19 Update and Timing of 2019 Results (5394Q)
June 19 2020 - 7:51AM
UK Regulatory
TIDMNTLG
RNS Number : 5394Q
New Trend Lifestyle Group plc
19 June 2020
19 June 2020
RNS ANNOUNCEMENT: The information communicated in this
announcement contains inside information for the purposes of
Article 7 of Regulation 596/2014.
New Trend Lifestyle Group plc
("NTLG" or the "Company" or the "Group")
COVID-19 Update and Timing of 2019 Results
The Board of New Trend Lifestyle Group plc (AIM: NTLG), the
Singapore-based Feng Shui products and services group, issues the
following COVID-19 update.
COVID-19 Update
Further to the Company's announcement on 29 May 2020, the
Singapore Government has announced, as part of Phase 2 of the
lifting of its Circuit Breaker restrictions, that retail shops are
able to re-open from today, with appropriate social distancing
measures. Therefore, the Group's shops have now re-opened, however,
it is too early to assess how quickly trading will return to normal
levels. The Group's corporate events, which were held from the Head
Office, will not resume under Phase 2 as large gatherings remain
restricted in Singapore for the time being.
Timing of 2019 Results
Following consultation with its auditors, the Company has
concluded that due to the ongoing COVID-19 situation, it would
require more time to properly ascertain the effects of the
disruption on its future revenues and cashflows.
Therefore, with the consent of both AIM Regulation and Companies
House, the announcement of our final results and publication of the
2019 Annual Report and Accounts will be delayed beyond the normal
reporting deadline of 30 June 2020. However, the Company will
publish and file the 2019 financial statements by 30 September
2020.
Further updates will be provided as appropriate.
END
For further information:
New Trend Lifestyle Group Plc
Gregory Collier, Non-Executive Chairman +44 (0) 7830 182501
SPARK Advisory Partners Limited (NOMAD) +44 (0) 20 3368
Mark Brady/Neil Baldwin 3551
Peterhouse Capital Limited (Broker) +44 (0) 20 7496
Heena Karani/Lucy Williams 0930
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.
END
TSTUKSARRKUNAAR
(END) Dow Jones Newswires
June 19, 2020 07:51 ET (11:51 GMT)
Conduity Capital (LSE:CCAP)
Historical Stock Chart
From Aug 2024 to Sep 2024
Conduity Capital (LSE:CCAP)
Historical Stock Chart
From Sep 2023 to Sep 2024