REG - TomCo Energy PLC - Suspension of trading on AIM pending 2022 Accounts

TomCo EnergyAnnouncement

03/04/2023 07:00

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RNS Number : 0399V  TomCo Energy PLC  03 April 2023

3 April 2023

TOMCO ENERGY PLC

("TomCo" or the "Company")

 

Suspension of trading on AIM pending publication of 2022 Annual Report &
Accounts

TomCo Energy plc (AIM: TOM), the US operating oil development group focused on
using innovative technology to unlock unconventional hydrocarbon resources,
provides the following update in relation to its Annual Report and Financial
Statements for its financial year ended 30 September 2022 (the "2022 Annual
Report").

 

 

As stipulated by Rule 19 of the AIM Rules for Companies (the "AIM Rules"), the
Company was required to publish its audited Annual Report by 31 March 2023.
However, the Company's auditors have requested additional time beyond the
originally planned timetable to complete their audit. While the audit process
has yet to be concluded, the Directors have been advised by their auditors
that the audit is substantially complete and that there are no material audit
issues causing this delay. Accordingly, the Company is targeting the
publication of the 2022 Annual Report as soon as the auditor completes their
final processes which is expected to be completed within a short period of
time.

 

Trading in the Company's ordinary shares on AIM will be suspended with effect
from 7.30 a.m. on 3 April 2023 pending publication of the 2022 Annual Report.
Suspension from trading will be lifted with the publication of the 2022 Annual
Report in due course.

 

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.

 

Enquiries:

 

TomCo Energy plc

Malcolm Groat (Chairman) / John Potter (CEO)
  +44 (0)20 3823 3635

 

Strand Hanson Limited (Nominated Adviser)

James Harris / Matthew Chandler
                +44 (0)20 7409 3494

 

Novum Securities Limited (Broker)

Jon Belliss / Colin Rowbury
                          +44 (0)20 7399 9402

 

IFC Advisory Limited (Financial PR)

Tim Metcalfe / Florence Chandler
                  +44 (0)20 3934 6630

 

For further information, please visit www.tomcoenergy.com
(http://www.tomcoenergy.com/) .

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018, as amended by virtue of the Market
Abuse (Amendment) (EU Exit) Regulation, 2019.

 

 

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