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Blur Group PLC (MAIS)

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Wednesday 28 June, 2017

Blur Group PLC

Temporary Suspension

RNS Number : 4735J
Blur Group PLC
28 June 2017

blur Group Plc

("blur", the "Group" or the "Company")

 Suspension of trading on AIM pending publication of annual accounts

As announced on 23 June 2017, the board continues to evaluate alternative sources of near-term funding in relation to its working capital position and to that end discussions are ongoing with potential investors.

Pending the securing of this funding, which may or may not be forthcoming, the Group is unable to sign-off the audit of its annual report and accounts for the year ended 31 December 2016. Consequently, the Company will not be in a position to publish its annual report and accounts for the year ended 31 December 2016 by 30 June 2017 as required by Rule 19 of the AIM Rules for Companies ("AIM Rules"). 

Accordingly, dealings in the Company's ordinary shares will therefore be temporarily suspended with immediate effect until such time as the Company's accounts have been published in compliance with AIM Rule 19. 

Further announcements will be made at the appropriate time.

Notwithstanding the suspension of trading in the ordinary shares, the Company will continue to make announcements as and when there are any developments that require disclosure under the AIM Rules. 

For further information, please contact:

blur Group plc                                                                                   [email protected]

Tim Allen                                                                                            Tel: +44 (0) 1392 927618

Shaun Dobson/James White                                                      N+1 Singer

                                                                                                               Tel: +44 (0) 20 7496 3000


This information is provided by RNS
The company news service from the London Stock Exchange

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