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Datalex Plc — Delisting Announcement 2019
Apr 23, 2019
1961_iss_2019-04-23_d83911f4-b143-45cc-bd51-bbcdc1407927.pdf
Delisting Announcement
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Datalex plc
("Datalex" or the "Company")
Temporary suspension of share trading – Transparency (Directive 2004/109/EC) Regulations 2007 (as amended) (the "Transparency Regulations")
The directors of Datalex plc (the "Board") refer to the Company's recent public statements, including principally that of 27 March 2019 (the "March Announcement"). The March Announcement noted that the Group was undertaking a detailed review of its financial year 2018 outcome and the transition to IFRS 15 in finalising its audit and its annual accounts for the year ended 31 December 2018 (the "Accounts"), with the audit targeted to conclude in April 2019. The Board has now concluded that, in order properly to conclude the review, the Company will not be able to publish its Accounts by 30 April 2019, as required by the Transparency Regulations.
As a consequence, dealings in the Company's ordinary shares will be temporarily suspended from 7.30 a.m. on Wednesday, 1 May 2019 until such time as the Accounts have been duly published in compliance with the Transparency Regulations.
The Board's imperative is to minimise the delay in the completion of the Accounts. The Company is in the process of finalising the audit and the results will be announced, and the Accounts published, as soon as possible. A further update will be given as soon as the Board is in position to do so.
Shareholders should note that, notwithstanding the temporary suspension of trading in the Ordinary Shares, the Euronext Dublin Listing Rules will continue to apply to the Company.
Investor Enquiries
Aidan Brogan Joe Gill Datalex plc Goodbody Stockbrokers UC +353 1 806 3500 +353 1 667 0400 [email protected] [email protected]
Media Enquiries
James Dunny Fleishman Hillard +353 86 388 3903 [email protected]
This announcement contains inside information.