MetalNRG PLC Delayed final results and temporary suspension (9445X)
29 April 2023 - 1:40AM
UK Regulatory
TIDMMNRG
RNS Number : 9445X
MetalNRG PLC
28 April 2023
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK
LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS
(SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS
ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW
CONSIDERED TO BE IN THE PUBLIC DOMAIN.
28 April 2023
MetalNRG plc
("MetalNRG" or the "Company")
Delayed publication of audited results for the year ended 31
December 2022 and temporary suspension of listing of the Company's
shares
Following the Company's announcement on 5 April 2023 in which
MetalNRG announced the appointment of RPG Crouch Chapman LLP as new
auditor, we now inform the market that due to the restricted time
from RPG Crouch Chapman's appointment to the deadline of 30 April
2023 to file year end accounts for the year ended 31 December 2022,
the new auditor has had insufficient time to complete the audit of
the Company.
Accordingly, there will be a delay in publishing audited results
for 2022 and, as a result, the Company is making a request pursuant
to the Listing Rules for a temporary suspension of the listing of
the Company's shares with effect from 07:30 Tuesday 2 May 2023.
The change of auditor came about as a result of audit firms
having to be registered under the new FRC PIE auditor regulation,
with that registration process proving too cumbersome for our
previous auditor, which informed the Company in late February that
it would be unable to carry out the audit for the December 2022
year end. While every effort was made by the Company to appoint a
new auditor as quickly as possible it took longer than expected as
there are a limited number of registered auditors available.
END
Contact details:
MetalNRG plc
Rolf Gerritsen
Christopher Latilla-Campbell +44 (0) 20 7796 9060
Corporate Broker
PETERHOUSE CAPITAL LIMITED
Lucy Williams/Duncan Vasey +44 (0) 20 7469 0930
----------------------
Corporate Broker
SI CAPITAL LIMITED
Nick Emerson +44 (0) 1483 413500
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END
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April 28, 2023 11:40 ET (15:40 GMT)
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