Notice of Results
Dillistone Group Plc
(“Dillistone”, the “Company” or the “Group”)
Notice of Results for the year ended 31 December 2019
Further to its announcement on 4 June 2020, the Board now anticipates that its results for the year ended 31 December 2019 will be released in July, as a result of COVID related delays in the auditing process.
Following confirmation from Companies House and pursuant to Inside AIM (26 March 2020), the Company has been granted an extension to the date by which its annual accounts can be published. The new deadline by which the annual accounts will be announced is 31 July 2020.
In the meantime, the Board is happy to confirm that:
- Following the trading update announced on 6 February 2020, it continues to expect pre-tax losses for the year to 31 December 2019 before acquisition related items and one off adjustments to be broadly in line with market expectations of a loss of £0.30m;
- in its announcement of 4 June 2020, the Board noted an improvement in expected outcomes for the financial year and this remains its view. It continues to expect a small operating loss for the half ending 30 June 2020; and,
- following the new loan of £1.5m announced on 4 June 2020, cash balances on Tuesday 23 June 2020 amounted to £1.8m.
|Giles Fearnley||Chairman||via Walbrook PR|
|Jason Starr||Chief Executive||via Walbrook PR|
|Julie Pomeroy||Finance Director||via Walbrook PR|
|Chris Fielding||WH Ireland Limited (Nominated Adviser)||020 7220 1650|
|Tom Cooper/Paul Vann||Walbrook PR||020 7933 8780
0797 122 1972
Notes to Editors:
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