Dillistone Group PLC Notice of Results (2889R)

TIDMDSG

RNS Number : 2889R

Dillistone Group PLC

29 June 2020

Dillistone Group Plc

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

Notice of Results

for the year ended 31 December 2019

Further to its announcement on 4 June 2020, the Board now anticipates that its results for the year ended 31 December 2019 will be released in July, as a result of COVID related delays in the auditing process.

Following confirmation from Companies House and pursuant to Inside AIM (26 March 2020), the Company has been granted an extension to the date by which its annual accounts can be published. The new deadline by which the annual accounts will be announced is 31 July 2020.

In the meantime, the Board is happy to confirm that:

-- Following the trading update announced on 6 February 2020, it continues to expect pre-tax losses for the year to 31 December 2019 before acquisition related items and one off adjustments to be broadly in line with market expectations of a loss of GBP0.30m;

-- in its announcement of 4 June 2020, the Board noted an improvement in expected outcomes for the financial year and this remains its view. It continues to expect a small operating loss for the half ending 30 June 2020; and,

-- following the new loan of GBP1.5m announced on 4 June 2020, cash balances on Tuesday 23 June 2020 amounted to GBP1.8m.

Enquiries:

 
 Dillistone Group Plc                                               Via Walbrook PR 
 Jason Starr               Chief Executive 
 Julie Pomeroy             Finance Director 
 
 WH Ireland Limited (Nominated adviser) 
 Chris Fielding            Managing Director, Corporate Finance    020 7220 1650 
 
 Walbrook PR 
 Tom Cooper / Paul Vann                                            020 7933 8780 
 

Notes to Editors:

Dillistone Group Plc is a leader in the supply and support of software and services to the recruitment industry. Dillistone operates through the Ikiru People brand .

The Group develops, markets and supports the FileFinder, Infinity, Midoffice, ISV and GatedTalent products.

Dillistone was admitted to AIM, a market operated by the London Stock Exchange plc, in June 2006. The Group employs around 100 people globally with offices in Basingstoke, Southampton, New Jersey and Sydney.

Recent content and thought leadership from the Group include:

https://www.talentis.global/optimization-services/

https://www.voyagersoftware.com/recruitment-software-blog/best-recruitment-software-agencies/

https://www.voyagersoftware.com/temporary-recruitment-agency-software/

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June 29, 2020 02:00 ET (06:00 GMT)