07:36 Tue 31 Dec 2019
Amphion Innovations - Cancellation of trading on AIM
("Amphion" or "the Company")
Cancellation of trading on AIM
On
Pursuant to AIM Rule 41, the Company had six months to publish the 2018 Accounts to prevent cancellation of the admission of its Ordinary Shares to trading on AIM. The Company remains highly cash constrained and unfortunately, despite efforts of the Directors the Company has not been able to secure additional funding in time in order to provide clarity over the Company's going concern status within this timeframe. Those efforts will continue into the new year and the board looks forward to making a positive announcement about the Company's future early in the new year. Following Cancellation, future updates will be available on the Company's website.
The Board is considering a number of possibilities for the Company, which include a potential application for the Ordinary Shares to be admitted to trading on AIM at a later point in time.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR").
For further information please contact:
| Tel: +1 (212) 210 6224 | ||||
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| Tel: +44 (0)20 7886 2500 | ||||
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| Tel: +44 (0) 20 3470 0470 | ||||
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Walbrook PR | Tel: +44 (0)20 7933 8780 or [email protected] | ||||
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About
We use our extensive experience in company building to invest and build shareholder value in high growth companies in the US and
On the web: www.amphionplc.com
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