The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Tex Holdings In Talks With UK Regulator As It Eyes Return To Trading

Mon, 20th Jan 2020 15:00

(Alliance News) - Engineering company Tex Holdings PLC on Monday said it liasing with the UK's Financial Conduct Authority after applying for its shares to return to trading.

Tex, which has been suspended since April, applied for a restoration in early December, the company said.

The company's shares were suspended at its own request while it clarified its financial position. The company also missed the deadline for reporting its 2018 accounts, though it has since been published.

Tex added: "The company applied for the restoration of its listing in early December 2019 and is currently responding to matters raised by the FCA."

On its trading, Tex said it has maintained a record book and expects its revenue for 2020 to meet expectations.

In September, the company reported that it had a record order book worth more than GBP12 million.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Related Shares

More News
15 Sep 2020 22:08

UK TRADING UPDATE SUMMARY: Mortgage Advice Bureau Launches Later Life

UK TRADING UPDATE SUMMARY: Mortgage Advice Bureau Launches Later Life

1 Sep 2020 15:22

UK EXECUTIVE CHANGE SUMMARY: Nanoco CFO Tenner Promoted To CEO Role

UK EXECUTIVE CHANGE SUMMARY: Nanoco CFO Tenner Promoted To CEO Role

13 Aug 2020 15:42

Tex Says 2020 Is No Longer Year For "Planned Growth" Due To Covid-19

Tex Says 2020 Is No Longer Year For "Planned Growth" Due To Covid-19

27 Jul 2020 14:28

IN BRIEF: Tex Holdings Heavily Affected By Covid-19; Requires Funding

IN BRIEF: Tex Holdings Heavily Affected By Covid-19; Requires Funding

6 Jul 2020 08:41

Tex Holdings appoints new CFO as FCA looks into 2019 statements

(Sharecast News) - Tex Holdings announced the appointment of Christian Ross as its chief financial officer and finance director-designate on Monday.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.