Restoration of Trading

RNS Number : 8611N

Iconic Labs PLC

25 January 2023

 

Iconic Labs PLC

("Iconic" or the "Company")

Restoration of Trading

Iconic Labs PLC (LSE:ICON), a multi-divisional new media and technology business, is pleased to announce that the Financial Conduct Authority has lifted the suspension of the listing in the Company's ordinary shares and as a result shareholders can once again trade the Company's shares on the London Stock Exchange.

Using the funds secured through the £ 3 million European High Growth Opportunities Securitization Fund financing facility, the Company will continue to fulfill its obligations under the Company Voluntary Agreement and resume the implementation of its corporate plans.

Iconic's CEO, Brad Taylor stated:

"Iconic has been successfully restructured, we have financing in place, and the trading suspension has been lifted. The Company is now working to formalise terms with the various parties that we have been speaking with over the last few months, but who understandably would not formalise discussions until the trading suspension was lifted. I look forward to updating shareholders as these conversations progress."

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

For any further information or enquiries please contact:

www.iconiclabs.co.uk

[e-mail]

Iconic Labs PLC

3 Field Court, WC1R 5EF London

 

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