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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Peoples Op | LSE:TPOP | London | Ordinary Share | GB00BSJWQH14 | ORD GBP0.0001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.005 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTPOP
RNS Number : 6418S
The People's Operator PLC
26 June 2018
The People's Operator plc
("TPO", the "Company" or the "Group")
Update re: Final Results
The People's Operator (AIM: TPOP), the cause-based commercial mobile virtual network operator, announces that the Directors now believe that the Company will not be able to publish its annual audited accounts for the year ended 31 December 2017 ("FY17") by 30 June 2018.
This delay is because the Company remains in discussion with Barclays, its sole secured creditor, regarding the use of proceeds from the recent disposal of the Company's US business, whilst also urgently continuing to seek bridge funding to cover the period to receipt of such proceeds.
Until these discussions are concluded and resolved, the Company's auditor is unable to sign off on the Company's FY17 accounts.
In accordance with AIM Rule 19, trading in the Company's shares is expected to be suspended from 7.30 a.m. on 2 July 2018 until such time as the FY17 accounts are published.
Further announcements will be made in due course.
For further details, please contact:
The People's Operator plc Nick Dashwood Brown, Head of Investor Relations 07710 511259 finnCap Ltd Stuart Andrews / Simon Hicks 020 7220 0500
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
June 26, 2018 09:24 ET (13:24 GMT)
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