Igraine Plc Audit Update and Share Suspension

 
TIDMKING 
 
Igraine plc 
 
                                  AQSE: KING 
 
                         ("Igraine" or the "Company") 
 
13 September 2021 
 
  Company's Shares Suspended whilst finalising Audited Results for 31.12.2020 
 
The Company notes that, further to the announcement on 9 September 2021, 
whereby unaudited preliminary final results were released to 31 December 2020, 
the Company's shares were suspended today. Upon finalisation and announcement 
of the audited financial results, the suspension of the Company's shares will 
be lifted. 
 
The last 6 months at Igraine reflect a period of accelerated reinvigoration. 
This restoration has included the introduction of new Directors, financings 
raising over £2,000,000 and the adoption of a broader investment strategy that 
includes the completion of co-investment rights with Globally renowned 
Excalibur Healthcare. 
 
Corporate restructures of this nature require time, attention and a collective 
effort to rationalise legacy items, to ensure efficient operating functions are 
in place. 
 
To this end, the delay relates mainly to legacy corporate acitivity and the 
board is pleased with the progress the Company has made since the year end. 
 
It is expected that the audited results to 31 December 2020 will be announced 
prior to the end of September 2021. 
 
The Directors of the Company, who have issued this RIS announcement after due 
and careful enquiry, accept responsibility for its content. 
 
Enquiries 
 
Company: 
 
Martin Walton (Executive Director) 
 
Steve Winfield (Executive Director) 
 
[e-mail] 
 
AQSE Growth Market Corporate Adviser 
 
Peterhouse Capital Limited 
 
Guy Miller / Mark Anwyl 
 
Tel: [phone] 
 
Media inquiries: 
 
Ramsay Smith, Media House International 
 
[e-mail]: [phone] 
 
 
 
END 
 
 

(END) Dow Jones Newswires

September 13, 2021 06:46 ET (10:46 GMT)