Update on the release of audited accounts FYE 2022
15/03/2023 10:59
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230315:nRSO0769Ta&default-theme=true
RNS Number : 0769T S-Ventures PLC 15 March 2023
15 March 2023
S-VENTURES PLC
("S-Ventures" or the "Company")
Update on the release of consolidated audited financial statements as of 30
September 2022
S-Ventures plc (AQSE: SVEN) (OTCQB: SVTPF), the enterprise company investing
in and growing exciting brands across the natural, wellness and food-tech
categories, would like to provide an update regarding the delay to the
publication of the consolidated audited results of S-Ventures and its
subsidiaries (the "Group") for the financial year ended 30 September 2022
("FYE 2022").
The Company is required to publish its audited results by 31 March 2023. The
audit process is ongoing, certain areas have taken longer than anticipated
including the appropriate accounting treatment and associated costs of
previous acquisitions undertaken by the Company.
The Company will continue to work closely with the auditors to ensure that the
audited results for the FYE 2022 are published as soon as possible. This is
expected latest by the end of April 2023.
Following the above, the Company's listing shares will be suspended with
effect from 3 April 2023. The Company will request a restoration of the
listing of its listing shares upon the publication of its FYE 2022 audited
results.
For further information, please contact:
The Company +44 (0) 1932 400 224
Robert Hewitt (Chief Financial Officer)
Scott Livingston (Chief Executive Officer)
AQSE Corporate Adviser and Broker: +44 (0) 20 3005 5000
VSA Capital Limited
Andrew Raca
Evon Chan
Matthew Harker
IFC Advisory (Financial PR) +44 (0) 20 3934 6630
Graham Herring
Tim Metcalfe
Florence Chandler
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NEXFLFEIVTIELIV