20 Mar 2018 16:00
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
20 March 2018
Green & Smart Holdings plc
("Green & Smart" or "G&S" or "the Company")
Update on Publication of Annual Accounts
Green & Smart Holdings plc (AIM: GSH), a renewable energy company generating power from biogas captured through the treatment of palm oil mill effluent ("POME") in Malaysia, announces that the Company expects that it will not be in a position to publish its audited report and accounts for the year ended 30 September 2017 by 29 March 2018 in accordance with Rule 19 of the AIM Rules for Companies. As a result, trading in the Company's shares shall therefore be suspended from trading on AIM pursuant to AIM Rule 40 pending publication of the accounts.
Work on the Company's audit and that of its subsidiaries is ongoing, together with regard to amounts owed to the Company, including from its associated entities, and it is anticipated that the audit should be completed by around late April. The Company will provide further updates as appropriate. Notwithstanding the suspension of trading in the Company's shares, the Company will continue to make announcements as and when there are any developments that require announcement under the AIM Rules.
Enquiries
Green & Smart Holdings plc |
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Saravanan Rasaratnam, Chief Executive Officer Navindran Balakrishnan, Chief Operations Officer | +603 2095 0024 |
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Cantor Fitzgerald Europe (Nominated Adviser and Broker) |
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Phil Davies, Richard Salmond | +44 20 7894 7000 |
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Luther Pendragon Ltd (Financial PR) | |
Claire Norbury, Alexis Gore | +44 20 7618 9100 |