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Alina Holdings PLC: Audited results for the y...
Alina Holdings PLC: Audited results for the y....
About this update from Alina Holdings Plc
[{"type":"text","content":"\n \n \n \n\n\nAlina Holdings PLC (ALNA)\n\n\n\n\n\n\nAlina Holdings PLC: Audited results for the year ended 31 December 2022 05-Jun-2023 / 17:05 GMT/BST\n\n\nAlina Holdings PLC\n\n \n\nAlina Holdings PLC\n\n(Reuters: ALNA.L, Bloomberg: ALNA:LN)\n\n(“Alina”, “ALNA” or the “Company”)\n\n \n\nAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2022\n\nThe Company today announces its audited results for the year ended 31 December 2022.\n\nThe information set out below is extracted from the Company's Report and Accounts for the year ended 31 December 2022, which will be published today on the Company's website www.alina-holdings.com. A copy has also been submitted to the National Storage Mechanism where it will be available for inspection. Cross-references in the extracted information below refer to pages and sections in the Company's Report and Accounts for the year ended 31 December 2022.\n\nThe Company will liaise with the FCA and seek to have the temporary suspension of trading of its shares lifted imminently. \n\nReport for the Year to 31 December 2022\n\n \n\nAlina Holdings PLC (“Alina” or the “Company”) is a company registered on the Main Market of the London Stock Exchange. The group financial statements consolidate those of the Company and its subsidiaries (together referred to as the “Group”).\n\n \n\n \n\nChairman’s Statement\n\nThe Board of Alina apologise for the delay in presenting the Company’s Accounts for the year ended 31 December 2022, due to the untimely and unforeseen resignation of the Company’s previous auditor.\n\n2022 was a year of transition for ALNA. Significant Board time was spent on repositioning the Company’s property assets in Brislington, Bristol, for which development plans for a substantial mixed commercial and residential development have been prepared and where preliminary planning discussions with Bristol Council have been initiated. In Hastings, the Company is still in dispute with Argos (now part of Sainsbury), which had a ‘full-repairing’ lease but vacated the property without completing their contractually obligated repairs. Nonetheless, repair of the vacated property is now nearing completion despite the discovery of asbestos in some of the floor and ceiling tiles. The Board is confident that once building works have been completed that th...