REG - Worldsec Limited - Trading Statement

WorldsecAnnouncement

16/09/2022 11:00

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RNS Number : 7782Z  Worldsec Limited  16 September 2022

            16 September 2022

 

 

 

Worldsec Limited

 

Trading Statement

 

 

 

This announcement is released by Worldsec Limited (the "Company", together
with its subsidiaries, the "Group") and contains a loss estimate and inside
information for the purposes of Article 7 of the UK Market Abuse Regulation.

 

The board of directors of the Company (the "Board") wishes to announce that,
based on a preliminary review of the unaudited management accounts of the
Group, the Group is expected to record a loss attributable to owners of the
Company for the six months ended 30(th) June 2022 estimated to be in the
region of around US$530,000, as compared with a profit reported in the
previous corresponding period.  The estimated loss would primarily be
attributable to a negative change in the fair value of the financial assets of
the Group.

 

The information relating to the loss warning statements contained in this
announcement, which is based on a preliminary assessment by the Board with
reference to the Group's unaudited management accounts for the six months
ended 30(th) June 2022, has not been reviewed by the Company's audit committee
nor audited by the Company's auditor.  Shareholders of and potential
investors in the Company are therefore advised to exercise caution when
dealing in the Company's shares.

 

 

By order of the Board

Henry Cheong

Director

 

 

 

For enquiries please contact Mr. Henry Cheong at enquiry@worldsec.com.

 

 

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