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IN BRIEF: Supply@Me Says Share Restoration Process Longer Than Normal

Thu, 04th Feb 2021 18:19

Supply@Me Capital PLC - London-headquartered fintech platform - Says UK Financial Conduct Authority currently performing required regulatory steps for restoring the company's listing and allowing dealings to re-commence. This follows the company's publication of interim results for the six months ended June 30 and for period ended December 2019. Says it has now "successfully addressed the technical DTR breach regarding the timing of financial statements."

However, notes that the restoration process "has taken longer and is more complex than normal due to the change in accounting reference date, RTO transaction occurring during the period, and multiple financial statements that have been issued." Further announcement expected "as soon as possible".

Supply@Me confirms no FCA investigation is underway.

By Anna Farley; annafarley@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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