REG - Agriterra Ltd - 2023 Annual Accounts Timetable

AgriterraAnnouncement

11/09/2023 15:30

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RNS Number : 0583M  Agriterra Ltd  11 September 2023

 

11 September 2023

Agriterra Limited ('Agriterra' or the 'Company')

Agriterra Limited / Ticker: AGTA / Index: AIM / Sector: Agriculture

 

2023 Annual Accounts Timetable

 

Agriterra Limited, the AIM-quoted African agricultural company, provides the
following update on its 2023 Annual Accounts timetable.

The Company now expects to report its 2023 Annual Report & Accounts (the
"2023 Accounts") for the year ended 31 March 2023 during the course of October
2023. The delay in publishing the 2023 Accounts is predominantly due to the
impact of the recent restructuring of operations in Mozambique delaying the
provision of certain audit information to the Company's auditors in accordance
with previously agreed timetables. Although substantially all of the
information has now been provided, the Company's auditors no longer have
sufficient resources and capacity to be allocated to the assignment and
accordingly are not able to complete their work by the end of September 2023.

As a result of this delay, the Company is not able to comply with the
requirements of AIM Rule 19 of the AIM Rules for Companies, which requires
publication of the 2023 Accounts within 6 months of the year end. Accordingly,
the Company's ordinary shares will be suspended from trading on AIM with
effect from 7:30 a.m. on Monday 2 October 2023. The temporary suspension from
trading on AIM will be lifted once the 2023 Accounts have been published
(during October 2023, as noted above).

Notwithstanding the temporary suspension of trading in the Company's ordinary
shares, the Company will continue to make announcements as and when there are
any developments that require announcement in accordance with its obligations
under the AIM Rules for Companies.

** ENDS **

 

The information contained within this announcement is considered to be inside
information prior to its release, as defined in Article 7 of the Market Abuse
Regulation No. 596/2014, and is disclosed in accordance with the Company's
obligations under Article 17 of those Regulations.

 

For further information please visit www.agriterra-ltd.com or contact:

 Agriterra Limited                   Caroline Havers

                                     caroline@agriterra-ltd.com (mailto:caroline@agriterra-ltd.com)
 Strand Hanson Limited               Ritchie Balmer / James Spinney
 Nominated & Financial Adviser

                                   +44 (0) 207 409 3494

 Peterhouse Capital Limited          Duncan Vasey / Eran Zucker

 Broker                              +44 (0) 207 469 0930

 

 

 

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