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Pin to quick picksSupply@me Cap Regulatory News (SYME)

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Change of Accounting Reference Date

19 Jun 2020 11:04

RNS Number : 5186Q
Supply @ME Capital PLC
19 June 2020
 

Supply @ME Capital plc

("SYME", the "Group")

Change of Accounting Reference Date

Supply @ME Capital plc, the innovative fintech platform that provides inventory monetisation services to European manufacturing and trading companies, announces that the Board has decided to change the Group's accounting reference date and financial year-end from 31 March to 30 September. This change is in line with the Board's intended strategy to align the accounting reference date to the operations of the Group, which in turn is aligned with the working capital cycles of our customer base, being manufacturing companies that tend to build up stocks during the year.

Accordingly, the Group intends to publish unaudited interim accounts for the twelve months ended 31 March 2020 on June 30th. The Board however may take advantage of the 30 day reporting extension offered by the FCA, with the potential delay of the release of the interims due to continuing lockdown restrictions effecting our ability to visit our subsidiary office location in Italy. The Group will publish audited accounts for the 18-month period from 1 April 2019 to 30 September 2020.

Thereafter, interim and annual reports will be published each year for the 6 months to 31 March and 12 months to 30 September respectively.

We look forward to updating the market on operational progress when we issue our second interim statement.

 

Alessandro Zamboni, CEO

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NARSFDFSUESSESM
Date   Source Headline
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1st May 20247:00 amRNS2023 Annual Report and Accounts
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27th Mar 20247:00 amRNSTransaction of a Person Closely Associated
22nd Mar 20247:00 amRNSPDMR/PCA shareholding: stock loans update
29th Feb 20247:00 amRNSBusiness, trading and funding update
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26th Jan 20247:00 amRNSHolding(s) in Company
11th Jan 20247:00 amRNSExercise of warrants, issue of equity and TVR
3rd Jan 20247:00 amRNSWhite-Label IM Agreement - funding secured
5th Dec 20238:40 amRNSFunding and Business update
23rd Nov 20237:00 amRNSTransfer of Warrants
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7th Jul 20237:00 amRNSDirector/PDMR Shareholding
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5th Jun 20237:00 amRNSExercise of Warrants, Issue of Equity and TVR
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31st May 20233:55 pmRNSNotice of Annual General Meeting
26th May 20237:00 amRNSAdmission of Shares and Total Voting Rights
23rd May 20237:00 amRNSExercise of Warrants, Issue of Equity and TVR
22nd May 20237:00 amRNSGrant of Awards under the Supply@ME LTIP
19th May 20231:40 pmRNSHolding(s) in Company
16th May 20237:00 amRNSInvestor Presentation via Investor Meet Company
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5th May 20237:00 amRNSExecution of first IM from traditional funding
4th May 202312:40 pmRNSAdmission and Exercise of Open Offer Warrants

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