Ensilica plc Financials

“if the Company is unable to secure a waiver or amendment to its financial covenants, this would cause the outstanding loan to become immediately repayable which would give rise to a material uncertainty, as defined in auditing and accounting standards, related to events or conditions that may cast significant doubt on the entity's ability to continue as a going concern and in such circumstances it may therefore be unable to realise its assets and discharge its liabilities in the normal course of business.”

“if the Company is unable to secure a waiver or amendment to its financial covenants, this would cause the outstanding loan to become immediately repayable which would give rise to a material uncertainty, as defined in auditing and accounting standards, related to events or conditions that may cast significant doubt on the entity's ability to continue as a going concern and in such circumstances it may therefore be unable to realise its assets and discharge its liabilities in the normal course of business.”