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LONDON - Metir plc (AIM:MET), a provider of water and environmental testing technology, announced today that its shares are expected to be suspended from trading on AIM beginning July 1 due to a delay in publishing its annual report and accounts for the year ended December 31, 2024.
The company attributed the delay to increased time required for accounting notes and disclosures under IFRS standards, following its transition from a single company structure in 2023 to a group structure in 2024. Metir emphasized that there are no unforeseen accounting issues behind the delay.
According to the announcement, the company will miss today’s June 30 deadline for publication under AIM Rules for Companies, triggering the trading suspension. Metir expects to publish its annual report within the next few days, no later than July 4.
Bob Moore, Acting Executive Chairman and CEO, is overseeing the company during this period. Metir describes itself as a provider of mobile and point-of-use water and environmental testing technology through its two divisions, Modern Water and Microsaic Systems.
The York-based company serves global customers with technology designed for environmental monitoring, public health, and industrial process management applications.
This information was provided in a company press release issued today.
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