S-Ventures PLC Release of audited financial statements (0457V)

TIDMSVEN

RNS Number : 0457V

S-Ventures PLC

03 April 2023

3 April 2023

S-VENTURES PLC

("S-Ventures" or the "Company")

Update on the release of consolidated audited financial statements as of 30 September 2022

S-Ventures plc (AQSE: SVEN) (OTCQB: SVTPF), the enterprise company investing in and growing exciting brands across the natural, wellness and food-tech categories, had on 15 March 2023 provided an update regarding a delay to the publication of the consolidated audited results of S-Ventures and its subsidiaries (the "Group") for the financial year ended 30 September 2022 ("FYE 2022").

Whilst the Company is working closely with the auditors to finalise and publish the audited results for the FYE 2022 as soon as possible, the Company confirms that its consolidated audited results and annual report for the FYE 2022 were unable to be published by 31 March 2023. Consequently, trading in the Company's shares will be suspended with effect from 7.00 a.m. on 3 April 2023.

As previously announced, the audited results for the FYE 2022 are expected to be published latest by the end of April 2023. The Company will request a restoration of the listing of its listing shares upon the publication of its FYE 2022 audited results.

The Company will provide further updates as appropriate.

For further information, please contact:

 
 The Company 
  Robert Hewitt (Chief Financial 
  Officer) 
  Scott Livingston (Chief Executive 
  Officer)                             [phone] 
 
 AQSE Corporate Adviser and 
  Broker: 
  VSA Capital Limited 
  Andrew Raca 
  Evon Chan 
  Matthew Harker                       [phone] 
 
 IFC Advisory (Financial PR) 
  Graham Herring 
  Tim Metcalfe 
  Florence Chandler                    [phone] 
 

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April 03, 2023 02:00 ET (06:00 GMT)