UK Oil & Gas PLC Delays Annual Results, Shares Suspended
Why we think this is neutral
This RNS announcement does not contain any of the mandatory news types that would require a more detailed analysis. It is a general update about a delay in publishing the company's annual results and a temporary suspension of trading, which does not provide enough information to assess the overall sentiment.
Key Points
- Delay in publication of annual report and accounts
- Trading in shares to be temporarily suspended from 1st April 2025
- Company will continue to make announcements as required under AIM Rules
Summary
The oil and gas company has announced a delay in publishing its annual results, leading to a temporary suspension of trading in its shares.
UK Oil & Gas PLC has announced that due to additional time being required by its auditors, its annual report and accounts for the year ended 30 September 2024 will not be published by the 31 March 2025 deadline. As a result, trading in the company's shares will be temporarily suspended from 1st April 2025 until the annual report is published.
Key Dates
1st April 2025
Trading in shares temporarily suspended
GENERAL UPDATE