REG - Orient Telecoms PLC - Delay in Publication of Annual Audited Accounts

Orient TelecomsAnnouncement

31/07/2025 14:00

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RNS Number : 4504T  Orient Telecoms PLC  31 July 2025

31 July 2025

ORIENT TELECOMS PLC

("ORIENT" or the "Company")

Delay in Publication of Annual Audited Accounts

 

 

 

Orient Telecoms PLC (the "Company") regrettably announces it will be unable to
publish its annual audited accounts for the financial year ended 31 March 2025
by the regulatory deadline of Thursday, 31 July 2025.

 

In accordance with Disclosure Guidance and Transparency Rules or
"DTR" 4.3.1R, the Company is obligated to publish its audited annual
financial report within four months of its financial year-end. Despite the
Company's proactive engagement with Macalvins Limited, its auditors,
additional time is required to finalise these accounts.

 

The Company is working closely with Macalvins Limited to expedite the
completion of the audit. Based on current consultations, the Directors
anticipate the audited financial results will be released by no later than
Friday, 31 August 2025.

 

Consequently, and in adherence to UKLR 21.1.2
(https://www.handbook.fca.org.uk/handbook/UKLR/21/1.html?date=2024-07-29)
(G)(2), the Company's ordinary shares will be temporarily suspended from the
Official List with effect from market open on Friday, 1(st) August 2025. The
suspension will remain in effect until the audited annual financial report has
been published.

 

The Board extends its sincere regrets for any inconvenience this temporary
suspension may cause shareholders. A further announcement will be made upon
the publication of the Company's audited annual accounts.

 

For further information, please contact:

Orient Telecoms PLC

Sayed Mustafa Ali

mustafa@orient-telecoms.com (mailto:mustafa@orient-telecoms.com)

www.orient-telecoms.com (http://www.orient-telecoms.com)

ENDS

 

 

 

About Orient Telecoms PLC

ORIENT is an information technology company that offers managed
telecommunication services as its core business, which includes managed
services in machine-to-machine networking, solutions for internet of things
(IOT), cyber security, big data solutions as well as full spectrum of other
managed services.

 

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