RNS Number : 0919Q

Iconic Labs PLC

13 October 2023

13 October 2023

Iconic Labs PLC

("Iconic" or the "Company")

Announcement of the Completion of CVA

Iconic Labs PLC (LSE: ICON) is pleased to announce that the Creditors Voluntary Arrangement ("CVA") has been completed and the relevant documents have been filed at and accepted by Companies House.

Brad Taylor, Chief Executive Officer of Iconic Labs, commented:

"The successful completion of the CVA marks an important step towards Iconic Labs' financial stability. Now that the CVA is discharged, Iconic Labs has removed historic debts and is well positioned to progress with growth opportunities and focus on its strategic goals.

"We look forward to updating shareholders and the market on our further activity in due course."

- Ends -

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

For any further information or enquiries please contact:

 Iconic Labs                     Tel: +44 (0) 7462 156238 
  Brad Taylor, Chief Executive    ir@iconiclabs.co.uk 
 Novum Securities Limited        Tel: +44 (0) 20 7399 9400 
  David Coffman / Daniel 
 Yellow Jersey PR                Tel: +44 (0) 20 3004 9512 
  Sarah Hollins                   iconic@yellowjerseypr.com 
  Annabelle Wills 
  Bessie Elliot 

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(END) Dow Jones Newswires

October 13, 2023 06:32 ET (10:32 GMT)

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