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Mode Global Holdings Plc announced on 02 May 2023 that its share trading has been suspended due to the delayed completion of its annual audit. The Group's previous auditor resigned in late 2022, and RPG Crouch Chapman LLP was appointed as the new independent external auditor on 27th March 2023. This late appointment prevented meeting the regulatory deadline of end April 2023, leading the Chairman to apply for the suspension.
| Date | 2 May 2023 |
| Time | 09:20:38 |
| Category | Miscellaneous |
| ID | 1022Y |
Mode Global Holdings Plc
02 May 2023
Mode Global Holdings Plc
("MODE" or the "Group")
Suspension of share trading - Delayed completion of Audit
Mode announces that its share trading has been suspended due to the delayed completion of the annual audit.
The group's previous auditor resigned in late 2022 with RPG Crouch Chapman LLP ("RPG") taking over as an independent external auditor on 27th March 2023. Given the late appointment, the regulatory deadline of the end April 2023 was not possible. The Chairman has therefore applied for a suspension of share trading for the Group until further notice.
The Board will continue to look for ways to extract value from the Group in the future and to rebuild operations.
Enquiries:
|
Mode Global Holdings PLC Jonathan Rowland / Richard Morecroft |