15 Jun 2023 14:25
For immediate release
15 June 2023
Itsarm plc
Timetable regarding winding-up petition
Itsarm plc (AIM: ITS) ("Itsarm" or the "Company") announces the following timetable in respect of the Company's court hearing of the winding-up petition as announced by the Company on 9 June 2023, which will be heard on 26 July 2023.
Timetable
7.30 a.m. on 26 July 2023 Trading in ordinary shares of Itsarm plc suspended from trading, pending the outcome of the court hearing into the winding-up petition
10.30 a.m. on 26 July 2023 Court hearing of the winding-up petition at the Business and Property Courts of England and Wales, 7 Rolls Building, Fetter Lane, London EC4A 1NL
If the court approves the winding-up petition and makes the winding-up order the Official Receiver of the Insolvency Service will be appointed to act as liquidator with immediate effect
7.00 a.m. on 27 July 2023 If the court approves the winding-up petition and makes the winding-up order, cancellation of the Company's ordinary shares from trading on AIM will become effective
In the event that the court does not make the winding-up order on 26 July 2023, cancellation will not take place on 27 July 2023 and the Company would make a further update at that time, as appropriate.
Enquiries:
Itsarm plc via Hudson Sandler
Jim Sharp, Director
Richard Monaghan, Director
Hudson Sandler +44 (0)20 7796 4133
Alex Brennan itsarmplc@hudsonsandler.com
Ben Wilson
Liberum Capital Limited (Nomad and Broker) +44 (0)20 3100 2000
Clayton Bush
Scott Mathieson
Miquela Bezuidenhoudt