Suspension of Trading

Source: RNS
RNS Number : 8689E
Iconic Labs PLC
29 February 2024
 

29 February 2024

Iconic Labs PLC

("Iconic" or the "Company")

Suspension of Trading

 

Iconic Labs notes the significant share price movement yesterday and the suspension of trading in the shares by the FCA.

 

The Company confirms that it is in discussions regarding a potential acquisition which, should it proceed would constitute a reverse takeover under Listing Rule 5.6. There is currently no certainty that the transaction will proceed, and further announcements will be made in due course.

 

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).

 

- Ends -

 

For more information, please contact:

Iconic Labs

 

Brad Taylor, Chief Executive Officer

Tel: +44 (0) 7462 156238

Novum Securities Limited

David Coffman / Daniel Harris

Tel: +44 (0) 20 7399 9400

 

Yellow Jersey PR

Sarah Hollins

Annabelle Wills

Bessie Elliot

 

Tel: +44 (0) 20 3004 9512

iconic@yellowjerseypr.com

 

 

 

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