Silverwood Brands PLC Delayed Restoration of Trading
19 Avril 2024 - 8:00AM
RNS Regulatory News
RNS Number : 2335L
Silverwood Brands PLC
19 April 2024
19 April 2024
Silverwood Brands Plc
("Silverwood" or the
"Company"; together with its subsidiaries, the "Group)
Delayed Restoration of
Trading
Silverwood Brands plc (Aquis: SLWD), a holding
company established to invest primarily in branded consumer
businesses, is pleased to announce that the
Capital Reduction approved by Shareholders on 8 March 2024 was
confirmed by the Court on 16 April 2024.
However, the Capital Reduction only
takes effect when the Court order is registered by the Registrar of
Companies, and, despite the Company's lawyers lodging the Court
order with the Registrar of Companies on 16 April 2024 and paying
for expedited registration, the Registrar of Companies has not yet
registered the Court order. The Company has been advised that
registration of the order could take 8 - 10 days.
Accordingly, trading in
the Ordinary Shares on the Aquis Growth Market will not be
restored, as initially expected, on Friday, 19 April 2024, and a
further announcement will be made in due course.
Words and expressions defined in the circular
to shareholders dated 20 February 2024 have the same meaning in
this announcement.
--Ends--
Silverwood
Brands Plc
Andrew Gerrie
Paul Hodgins
|
info@silverwoodbrands.com
|
Peterhouse
Capital Limited (Aquis Corporate
Adviser)
Mark Anwyl
Narisha Ragoonanthun
Brefo Gyasi
|
+44 (0)20 7469
0930
|
About Silverwood Brands PLC
Silverwood Brands PLC is a leader in
the health and beauty industry, committed to developing and
marketing high-quality products that meet the diverse needs of
consumers worldwide. Through strategic acquisitions and organic
growth, Silverwood Brands continues to enhance its portfolio and
global reach, ensuring a strong position in the competitive health
and beauty market.
Market Abuse
Regulation (MAR) Disclosure
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for the purposes of Article 7 of the Market Abuse Regulation EU
596/2014 as it forms part of retained EU law (as defined in the
European Union (Withdrawal) Act 2018).
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END
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Silverwood Brands (AQSE:SLWD)
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