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On 29 February 2024, Iconic Labs PLC announced the suspension of trading in its shares by the Financial Conduct Authority (FCA). The Company confirmed it is in discussions regarding a potential acquisition which, if it proceeds, would constitute a reverse takeover under Listing Rule 5.6, noting there is currently no certainty the transaction will proceed.
| Date | 29 Feb 2024 |
| Time | 07:00:03 |
| Category | Corporate updates |
| ID | 8689E |
29 February 2024
Iconic Labs PLC
("Iconic" or the "Company")
Suspension of Trading
Iconic Labs notes the significant share price movement yesterday and the suspension of trading in the shares by the FCA.
The Company confirms that it is in discussions regarding a potential acquisition which, should it proceed would constitute a reverse takeover under Listing Rule 5.6. There is currently no certainty that the transaction will proceed, and further announcements will be made in due course.
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).
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For more information, please contact:
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Iconic Labs
Brad Taylor, Chief Executive Officer |
Tel: +44 (0) 7462 156238 |
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Novum Securities Limited David Coffman / Daniel Harris |
Tel: +44 (0) 20 7399 9400
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Yellow Jersey PR Sarah Hollins Annabelle Wills Bessie Elliot
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Tel: +44 (0) 20 3004 9512
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