Accounts Publication Delay & Temporary Suspension
Source: RNS
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW IN THE UNITED KINGDOM BY VIRTUE OF THE EU (WITHDRAWAL) ACT 2018.
31 July 2025
GSTechnologies Limited
("GST", the "Company" or the "Group")
Delay to publication of Report and Accounts and Temporary Suspension
GSTechnologies Limited (LSE: GST), the fintech company, announces that the Company will not be in a position to publish its audited report and accounts for the year ended 31 March 2025 ("FY25") by 31 July 2025 as required by the Financial Conduct Authority's Disclosure and Transparency Rules for the publication of audited financial statements. Accordingly, the Company has requested, from 7:30 a.m. on 1 August 2025, a suspension of the Company's listing from the Official List and from trading on the London Stock Exchange.
Although the audit procedures are substantially complete, and the Company expects to report FY25 results in line with the Directors' expectations, the Company's auditor has requested more time to complete its internal oversight and assurance processes. The principal reason for this is the additional procedures required following the change in the Company's auditor, as announced on 8 May 2025.
The Company continues to work closely with Moore Kingston Smith LLP, auditor to the Company, to ensure that the audited report and accounts for FY25 is published as soon as possible and will request a restoration of its listing once published.
Notwithstanding the temporary suspension of the Company's listing from the Official List and from trading in the Company's ordinary shares, the Company will continue to make announcements as required under the UK Listing Rules.
Enquiries:
The Company
Tone Goh, Executive Chairman
+65 6444 2988
Financial Adviser
First Sentinel Corporate Finance
+44 (0)20 3855 5551
Brian Stockbridge / Gabrielle Cordeiro
Broker
CMC Markets
+44 (0)20 3003 8632
Douglas Crippen
Financial PR & Investor Relations
IFC Advisory Limited
Tim Metcalfe / Graham Herring / Florence Staton
+44 20 (0) 3934 6630
For more information please see: https://gstechnologies.co.uk/ |
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