REG - Ingenta PLC - Change of Final Results Date

IngentaAnnouncement

29/04/2022 07:00

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RNS Number : 7731J  Ingenta PLC  29 April 2022

29 April 2022

 

Ingenta plc
("Ingenta" or the "Group")

Change of Final Results Date

Ingenta plc (AIM: ING), a leading software and services provider to the
publishing and media industry, provides the following update regarding its
audited Final Results announcement for the year ended 31 December 2021.

The Company has been advised by its auditors Grant Thornton UK LLP that due to
their internal resourcing constraints, the finalisation of their audit process
will require more time to complete and the proposed Final Results announcement
is now expected to be released by the end of June 2022.

As announced on 26 January 2022, the Group expects to report revenues of
£10.1m (2020: £10.2m) and adjusted EBITDA of approximately £1.5m (2020:
£1.2m). Closing year end cash balances were £3.0m (2020: £2.3m) helped by
strong cash collection at year end. Ingenta has no debt. Trading in the first
quarter of 2022 is comfortably in line with the Board's expectation.

In line with the Company's previously stated intention to implement a
progressive dividend policy, the Board intends to pay a final dividend of 2
pence per ordinary share, making a cumulative 3 pence total for the 2021
financial year. The final dividend is subject to shareholder approval at the
2022 AGM.

 

 

For further information contact:

 

 Ingenta Plc                   +44 (0) 1865 397 800
 Scott Winner, Jon Sheffield
 Cenkos Securities plc         +44 (0) 20 7397 8900

Nicholas Wells, Katy Birkin

 

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