REG - Accrol Group Hldgs - Update on Suspension of Trading on AIM <Origin Href="QuoteRef">ACRL.L</Origin>

Accrol groupAnnouncement

09/10/2017 07:01

RNS Number : 0024T
Accrol Group Holdings PLC
09 October 2017
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Accrol Group Holdings plc
Update on Suspension of Trading on AIM
Further to the announcement made by Accrol Group Holdings plc (the "Company" or "Accrol"), on 5 October 2017 at 7.00am titled "Trading Update and Temporary Suspension of Trading on AIM", the Company provides the following update. The Directors believe that the current challenges facing the Company relate largely to FY18 and are likely to have less of an impact on the Company's trading performance in FY19. The Board are therefore confident that, whilst there can be no guarantee, a solution will be found to the Company's short term funding requirements. The Directors continue to review the position and, as part of this review, the Company is engaging with its major shareholders and its bank.

Continuing Suspension of Trading on AIM

As a result of the above circumstances trading in the Company's ordinary shares on AIM remains suspended pending clarification of its financial position.

For further information please contact:
Zeus Capital Limited(Nominated Adviser & Joint Broker)
Dan Bate / Andrew Jones
Tel: +44 (0) 161 831 1512
Dominic King / John Goold
Tel: +44 (0) 20 3829 5000

Liberum Capital Limited (Joint Broker)
Clayton Bush / Chris Clarke/ Lucy Sharma / Dominik Gtzenberger
Tel: +44 (0) 20 3100 2222

Camarco(Media enquiries)
Jennifer Renwick / Kimberley Taylor
Tel: +44 (0) 203 757 4994

This information is provided by RNS
The company news service from the London Stock Exchange
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