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Suspension of trading on AIM pending 2022 Accounts

Suspension of trading on AIM pending 2022 Accounts.

articleTomco Energy PlcApril 3, 20234/company/tomco-energy-plc/news/suspension-of-trading-on-aim-pending-2022-accounts
Suspension of trading on AIM pending 2022 Accounts

About this update from Tomco Energy Plc

[{"type":"text","content":"\n \n \n 3 April 2023\n \n \n \n TOMCO ENERGY PLC\n \n \n \n (\"TomCo\" or the \"Company\")\n \n \n \n  \n \n \n \n \n Suspension of trading on AIM pending publication of 2022 Annual Report & Accounts\n \n \n \n TomCo Energy plc (AIM: TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, provides the following update in relation to its Annual Report and Financial Statements for its financial year ended 30 September 2022 (the \"2022 Annual Report\").\n \n \n  \n \n \n  \n \n \n As stipulated by Rule 19 of the AIM Rules for Companies (the \"AIM Rules\"), the Company was required to publish its audited Annual Report by 31 March 2023. However,\n the Company's auditors have requested additional time beyond the originally planned timetable to complete their audit. While the audit process has yet to be concluded, the Directors have been advised by their auditors that the audit is substantially complete and that there are no material audit issues causing this delay. Accordingly, the Company is targeting the publication of the 2022 Annual Report as soon as the auditor completes their final processes which is expected to be completed within a short period of time. \n \n \n  \n \n \n Trading in the Company's ordinary shares on AIM will be suspended with effect from 7.30 a.m. on 3 April 2023 pending publication of the 2022 Annual Report. Suspension from trading will be lifted with the publication of the 2022 Annual Report in due course.\n \n \n  \n \n \n Notwithstanding the temporary suspension of trading in the Company's ordinary shares, the Company will continue to make announcements as and when there are any developments that require announcement in accordance with its obligations under the AIM Rules.\n \n \n  \n \n \n \n Enquiries\n \n :\n \n \n \n  \n \n \n \n \n TomCo Energy plc\n \n \n \n Malcolm Groat (Chairman) / John Potter (CEO)                       +44 (0)20 3823 3635\n \n \n \n  \n \n \n \n \n Strand Hanson Limited (Nominated Adviser)\n \n \n \n James Harris / Matthew Chandler                                             ...

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