17th Aug 2015 11:29
LONDON (Alliance News) - Cambria Africa PLC Monday confirmed it cannot publish its long-overdue results before the deadline by which its shares were to be cancelled from AIM.
The Zimbabwe-focused investment company said it will publish two sets of results in "mid-August", despite already passing the middle of the month, after delaying the release of the results from the previous financial year.
The company said it will publish its long-overdue results for the year ended August 31, 2014, when it releases its results for the first half of the current financial year ended February 28. They will both be released "by mid-August 2015", it said.
However, back in May when it also said its reports would be released in August, the company said its shares, suspended from trading since February 17, would be cancelled from trading on AIM if the results were not published by Monday, August 17.
"The company is not in a position to publish its results at present. A further announcement regarding the expected date upon which the results will be published, with a view to restoring the company's shares to trading, will be made in due course," it said in a statement Monday.
By Joshua Warner; [email protected]; @JoshAlliance
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