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"NOTICE
01/09/2022 7:30am
TEMPORARY SUSPENSION OF TRADING ON AIM
REVOLUTION BEAUTY GROUP PLC
Trading on AIM for the under-mentioned securities has been temporarily suspended from 01/09/2022 7:30am, pending publication of the company's annual audited accounts.
ORDINARY SHARES OF GBP0.01 EACH, FULLY PAID
(BP7L1T6) (GB00BP7L1T61)
If you have any queries relating to the above, please contact the company's nominated adviser on +44 (0) 161 831 1512."
Fantastic news IMHO :)
"Update on Publication of Final Results
Revolution Beauty Group Plc (AIM: REVB) the multi-channel mass beauty innovator, announced on 19 August 2022 that it did not expect to complete its audit for the financial year ended 28 February 2022 ("FY22") and publish its annual report and accounts by 31 August 2022.
Revolution Beauty confirms that it will not be in a position to publish its audited final results and annual report for FY22 by 31 August 2022 in accordance with AIM Rule 19. Consequently, trading in the Company's ordinary shares will be suspended with effect from 7:30 a.m. on 1 September 2022.
The Company aims to complete its audit and publish its annual report within a matter of weeks of this announcement, post which trading in the Company's ordinary shares is expected to recommence.
The Company will provide further updates as appropriate."
I can't understand how administration is even being discussed.
If their was a risk of administration it would have been mentioned in either of the last 3 update rns's.
Infact the opposite was mentioned.
How low can posters go to fit their narrative and agenda.
Shocking and very sad.
Anyhow what goes around comes around.
All imo
Oke...
You have definitely turned your tone.
Am guessing you have sold/downsized? Noticed you stopped posting as much last few days.
The only thing new is the audit deadline, hence likely hood of temporary suspension.
All imo
No worries.
Administration is not one of the issues being discussed :)
Bod have made clear twice they believe they have enough funds and the accounting errors if confirmed by audit does not effect debt.
I believe issue is in relation to stock levels and how they have been accounted for aswell as bad debt.
All in my opinion