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Nektan Shares Set For Temporary Suspension Amid Annual Results Delay

Mon, 23rd Dec 2019 19:36

(Alliance News) - Gaming technology platform Nektan PLC on Monday warned it was unlikely to publish its annual results by December 31, as required under AIM rules.

As a result of the delay, Nektan expects its shares to be temporarily suspended from trading on AIM on January 2, until it can post its results. Nektan expects this to occur during January.

Meanwhile, Nektan said within its B2B and B2C divisions, it continues to see strong demand from potential international partners. The company added that it has a strong pipeline of further launches scheduled for the first quarter of 2020.

The stock closed untraded at 3.5 pence on Monday in London.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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