TPOP Peoples Op

TIDMTPOP

RNS Number : 2021T

The People's Operator PLC

02 July 2018

The People's Operator plc

("TPO", the "Company" or the "Group")

Temporary Suspension of Share Trading on London Stock Exchange

The People's Operator (AIM: TPOP), the cause-based commercial mobile virtual network operator, announces that further to the Company's announcement of 26 June 2018, due to the ongoing discussions with its sole secured creditor, regarding the use of proceeds from the ongoing disposal of the Company's US business, and the Company's urgent need for bridge funding to cover the period to receipt of the expected proceeds, the Board of Directors has been unable to complete its required responsibilities to conclude and approve the Company's Annual Report for the year ended 31 December 2017 ("FY17").

Accordingly, pursuant to Rule 19 of the AIM Rules for Companies, the Company has requested that trading in the Company's ordinary shares on the AIM Market of the London Stock Exchange be suspended with effect from 7.30 a.m. on 2 July 2018 pending publication of the FY17 annual audited accounts, following which the Company will request the suspension to be lifted.

Further announcements will be made in due course.

For further details, please contact:

 
The People's Operator plc 
 Nick Dashwood Brown, Head of Investor Relations    07710 511259 
finnCap Ltd 
 Stuart Andrews / Simon Hicks                      020 7220 0500 
 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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July 02, 2018 02:00 ET (06:00 GMT)

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