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RNS Number : 1194T
AIM
02 July 2018
Â
NOTICE
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02/07/2018 7:30am
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TEMPORARY SUSPENSION OF TRADING ON AIM
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FLOWGROUP PLC
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Trading on AIM for the under-mentioned securities has been temporarily suspended from 02/07/2018 7:30am, pending publication of the company's annual report and accounts.
Yes till further notice.
Yes till further notice.
Trading on AIM for the under-mentioned securities has been temporarily suspended from 02/07/2018 7:30am, pending publication of the company's annual report and accounts.
FLOW
This to Management.░░░░░░░░░░░░░░░▄▄░░░░░░░░░░░
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Flowgroup plc
("Flow" or the "Company")
Accounts update
Flowgroup plc (AIM: FLOW), provides an update on the publication of its audited results for the year ended 31 December 2017. Following the Company's completion of the sale of Flow Energy Limited on 1 May 2018, the Company has been in discussions with its creditors regarding the settlement of sums owed.  It should be noted that no return is expected to shareholders in any future scenario, consistent with the Company's previous announcements.
Whilst the Company has progressed with its audit, it will not complete the audit by 30 June 2018 and publish its annual audited accounts by that date. Â As a result, the Company's shares will be suspended from trading on AIM from 2 July 2018. If agreements with creditors is achieved, the Company expects to publish its annual results and would request that the suspension to trading be lifted at that time.
Further to its previous announcement on 30 April 2018, the Company reminds shareholders that it became an AIM Rule 15 cash shell following completion of the sale of Flow Energy on 1 May 2018 and, therefore, has until 1 November 2018 to undertake a reverse takeover to maintain its listing on AIM, if applicable.
READ AND DIGEST!!! NO MONEY FOR SHAREHOLDERS!!!!!!
One can only pray DD.
Sold mine at 1.15 but will be in again if a change of management at the top starts to deliver.
75p soon as said last month!!!!