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Agriterra Ltd - Guernsey-based agricultural investment company - Expects to report its 2023 Annual Report & Accounts for for the year ended March 31 in October. Says the delay in publishing the accounts is predominantly due to the impact of the recent restructuring of operations in Mozambique delaying the provision of certain audit information to the company's auditors in accordance with previously agreed timetables. Notes that though "substantially all of the information" has now been provided, the company's auditors no longer have sufficient resources and capacity to be allocated to the assignment and accordingly are not able to complete their work by the end of September. As a result the company's shares will be suspended from AIM with effect from October 2.
Current stock price: 1.28 pence
12-month change: down 74%
By Holly Beveridge, Alliance News reporter
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