Temporary Suspension

RNS Number : 1165F

Iconic Labs PLC

05 March 2020

 

5 March 2020

Iconic Labs Plc ("Iconic Labs" or the "Company")

Suspension of shares

Iconic Labs Plc (LSE:ICON) (the "Company"), a multi-divisional new media and technology business, has requested the suspension of the listing of the Company's ordinary shares of £0.00001 each ("Ordinary Shares") from the standard segment of the Main Market of the London Stock Exchange and it has been suspended from 07:30am today.

This suspension has been requested because it has come to the attention of the Company that in respect of a number of Ordinary Shares issued and allotted by the Company during 2019, not all Form 1 submissions had been submitted, as was required and which relate in part to the securities referred to in the prospectus published by the Company on 22 February 2019 and for which the time period to make such submissions has now expired. The Company intends to address this issue through the approval and publication of a new prospectus and subsequent submission of all required Form 1 submissions.

The Company is in the process of finalising the new prospectus and intends to publish this new prospectus as soon as final approval is granted by the Financial Conduct Authority.  Following approval and publication of the new prospectus, the Form 1 submissions will be made as soon as is possible thereafter.

The Company hopes to be able to publish the new prospectus within two weeks, but will update the market as to progress.

**ENDS**

For further information, please visit the Company's website  www.iconiclabs.co.uk or contact:

Damon Heath

Shard Capital Partners LLP

Tel: [phone]

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