Georgina Energy requests trading suspension

Published 02/06/2025, 07:50
Georgina Energy requests trading suspension

LONDON - Georgina Energy PLC has announced a request to the Financial Conduct Authority (FCA) for the temporary suspension of its shares from trading on the Official List and the Main Market of the London Stock Exchange (LON:LSEG) starting from 7:30 a.m. today. The suspension request follows the delay in the publication of the company’s Audited Annual Report and Financial Statements for the financial year ended January 31, 2025.

According to the FCA’s Disclosure and Transparency Rules (DTR 4.1.3R.), the company was obligated to publish its 2025 Annual Report by May 31, 2025. However, the appointed auditors, PKF, have informed the directors that the audit is expected to be finalized sometime in June 2025.

The delay has necessitated the company to seek a suspension in trading until the completion of the audit and the subsequent publication of the annual report. Georgina Energy has communicated its intent to lift the suspension and resume trading once the annual report is released and will make a further announcement regarding this matter.

The company’s request for suspension reflects its compliance with regulatory requirements and its commitment to maintaining transparency with its investors and the wider market. This suspension will remain in effect until the necessary financial documentation is completed and reviewed, ensuring that all stakeholders have access to accurate and up-to-date financial information.

This report is based on a press release statement and further details will be provided as they become available.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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