Temporary Suspension

RNS Number : 4017C

URU Metals Limited

28 September 2018

 

URU Metals Limited
("URU Metals" or "the Company")

Suspension of trading on AIM pending publication of annual accounts

URU Metals announces that the Company will be unable to publish its audited annual report and accounts for the year ended 31 March 2017 (the "Accounts") by 30 September 2018, as required by Rule 19 of the AIM Rules for Companies (the "AIM Rules").This is due to the delay of information exchange between the Company's previous auditors and its current auditors.

The Company is in the process of finalising the audit process with the Company's new auditors. The preliminary results will be announced, and the Accounts published, as soon as possible. The Company anticipates that it will be able to publish the Accounts during the week commencing 01 October 2018.

Due to the delay in publishing of the annual report and accounts, dealings in the Company's ordinary shares will be temporarily suspended under AIM Rule 40 from 7.30 a.m. on Monday 01 October 2018 until such time as the Accounts have been duly published in compliance with AIM Rule 19.

Notwithstanding the temporary suspension of trading in the Ordinary Shares, the Company will continue to make announcements as and when there are any developments that require announcement under the AIM Rules.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

For further information, please contact:

URU Metals Limited John Zorbas (Chief Executive Officer)	[phone]
SP Angel Corporate Finance LLP (Nominated Adviser and Broker) Ewan Leggat	+ 44 (0) 203 470 0470
SVS Securities Plc (Joint Broker) Tom Curran	[phone]

 

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