Sign In
28 Jun 2017 15:42
blur Group Plc
("blur", the "Group" or the "Company")
Suspension of trading on AIM pending publication of annual accounts
As announced on 23 June 2017, the board continues to evaluate alternative sources of near-term funding in relation to its working capital position and to that end discussions are ongoing with potential investors.
Pending the securing of this funding, which may or may not be forthcoming, the Group is unable to sign-off the audit of its annual report and accounts for the year ended 31 December 2016. Consequently, the Company will not be in a position to publish its annual report and accounts for the year ended 31 December 2016 by 30 June 2017 as required by Rule 19 of the AIM Rules for Companies ("AIM Rules").
Accordingly, dealings in the Company's ordinary shares will therefore be temporarily suspended with immediate effect until such time as the Company's accounts have been published in compliance with AIM Rule 19.
Further announcements will be made at the appropriate time.
Notwithstanding the suspension of trading in the ordinary shares, the Company will continue to make announcements as and when there are any developments that require disclosure under the AIM Rules.
For further information, please contact:
blur Group plc investors@blurgroup.com
Tim Allen Tel: +44 (0) 1392 927618
Shaun Dobson/James White N+1 Singer
Tel: +44 (0) 20 7496 3000
Follow the stocks
