RE: GDR BIGGEST ISSUE3 Nov 2020 15:45
I am no more an expert than others on here and not sure of AIM v main market requirements, but arguably where a firm has made sales and this fact is public then it is no longer sensitive (as it is public). Also a firm is meant to sell things (typically) so that in itself is not sensitive unless the volumes and/or contract make it so. For example, a contract with a government for significant volumes of sales. However, there is no obligation to disclose sensitive information (just to keep is secure) unless you think it will leak and then you have to release it to the market promptly/immediately. As to actual and subject to approval - that is more grey and so subject to their lawyers, Lastly, if no sales are made this is a matter of fact. They should disclose to the market on regular reporting (as no sales is not a proactive event in itself) - but here they have delayed their regular reporting so will update in due course, if that is the position.