REG - Supply@ME Capital - Delay in published 2024 Annual Report and Accounts

Supply@Me CapitalAnnouncement

Mon 07:00

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RNS Number : 3281G  Supply@ME Capital PLC  28 April 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION 2014/596/EU, WHICH IS PART OF UNITED KINGDOM DOMESTIC LAW PURSUANT
TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK
MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS
DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

28 April 2025

Supply@ME Capital plc

(the "Company", "Supply@ME" or "SYME" and, together with its subsidiaries, the
"Group")

Delay in published 2024 Annual Report and Accounts

 

SYME, the fintech business which provides an innovative fintech platform (the
"Platform") for use by manufacturing and trading companies to access Inventory
Monetisation© ("IM") solutions enabling their businesses to generate
cashflow, announces that the annual report and accounts for the year ended 31
December 2024 (the "2024 Annual Report") will not be finalised ahead of the 30
April 2025 deadline.

 

In accordance with the listing rules, the Company is required to publish its
audited 2024 Annual Report by 30 April 2025. However, the Company is
continuing to work with its auditors, Bright Graham Murray to finalise the
audit of the financial statements for the year ended 31 December 2024. Despite
the best efforts of all parties, the Company requires further time to finalise
these accounts and for the auditor to complete its procedures with respect
thereto.

 

As a result of the delay in publishing the 2024 Annual Report, the Company's
shares will be temporarily suspended from the Official List and from trading
on the London Stock Exchange with effect 7.30 a.m. on 1 May 2025 until the
publication of its audited accounts. Following the publication of the 2024
Annual Report and Accounts the Company will make an application for the
suspension to be lifted.

 

Alessandro Zamboni, Chief Executive Officer Commented:

"The Supply@Me team have been working diligently with Bright Graham Murray to
deliver the accounts on time. Shareholders should be assured that publishing
the accounts and removing the suspension of share trading remain our
priority."

 

For the purposes of UK MAR, the person responsible for arranging release of
this announcement on behalf of SYME is Alessandro Zamboni, CEO.

 

Contact information

Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com

 

Notes:

SYME and its operating subsidiaries provide its Platform for use by
manufacturing and trading companies to access inventory trade solutions
enabling their businesses to generate cashflow, via a non-credit approach and
without incurring debt. This is achieved by their existing eligible inventory
being added to the Platform and then monetised via purchase by third party
inventory funders. The inventory to be monetised can include warehouse goods
waiting to be sold to end-customers or goods/commodities that are part of a
typical import/export transaction.

 

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