7 Jun 2018 07:00
NATURE GROUP PLC
("Nature Group" or the "Company")
Update on Annual Report and Accounts and Annual General Meeting
Nature Group PLC (the "Group") (AIM:NGR), the provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, provides an update in regards to its financial results for the year ended 31 December 2017 (the "Financial Results") which are due to be published and sent to shareholders by the 30 June 2018.
Preparation of the Financial Results is progressing however there is still some work to be undertaken to finalise the consolidated statements and complete the necessary audit. Accordingly, the Board does not expect that the Financial Results will be audited and published by 30 June 2018. It is currently anticipated that the Financial Results and Notice of General Meeting will be published in July 2018.
Trading of the Company's shares on AIM was suspended at the Company's request on 27 March 2018 pending clarification over its financial position. As announced on 15 March 2018, the Board remains in negotiations with a number of parties about its future financing, structure and strategic direction. The Company's financial position remains extremely difficult and such negotiations remain vital in securing the Company's future. Accordingly, trading in the Company's shares on AIM remains suspended. Further announcements will be issued in due course.
For further information:
Nature Group PLC
Andreas Drenthen, CEO Tel: + 31 653261484
Berend van Straten, Chairman Tel: + 31 626805605
Cenkos Securities plc
Neil McDonald Tel: +44 (0)131 220 9771 / +44 (0)207 397 1953
Beth McKiernan Tel: +44 (0)131 220 9778 / +44 (0)207 397 1950
Pete Lynch Tel: +44 (0)131 220 9772
Nature Group is traded on the AIM market, (ticker: NGR). www.ngrp.com