Adams PLC Announcement by WANdisco (4886S)
10 March 2023 - 2:47AM
UK Regulatory
TIDMADA
RNS Number : 4886S
Adams PLC
09 March 2023
Adams plc
("Adams" or the "Company")
Announcement by WANdisco
The Board of Adams notes the announcement made this morning by
WANdisco plc ("WANdisco") regarding certain irregularities with
regard to received purchase orders and related revenue and bookings
that give rise to a potential material mis-statement of WANdisco's
financial position. As a result, WANdisco has requested that its
shares be suspended from trading on AIM while it conducts an
investigation with its external legal and professional advisers
into the nature of this activity and its true financial
position.
The WANdisco announcement can be viewed in full via the link
below:
https://www.londonstockexchange.com/news-article/WAND/trading-revision/15867764
Adams has an interest in 85,000 ordinary shares in WANdisco
which it acquired in December 2022 for a consideration of
approximately GBP592,000.
Enquiries:
Adams plc
Mike Bretherton Tel: +44 1534 719 761
Nomad
Cairn Financial Advisers LLP
Sandy Jamieson, James Caithie Tel: +44 207 213 0880
Broker
Peterhouse Capital Limited
Heena Karani, Martin Lampshire Tel: +44 207 469 3393
This announcement contains inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR") as
retained as part of UK law by virtue of the European Union
(Withdrawal) Act 2018 as amended.
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END
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