Supply@ME delays 2024 annual report, faces LSE suspension

Published 28/04/2025, 07:14
Supply@ME delays 2024 annual report, faces LSE suspension

LONDON - Supply@ME Capital plc, a fintech company specializing in Inventory Monetisation© solutions for manufacturing and trading businesses, has announced a delay in the publication of its 2024 Annual Report, which was due by April 30, 2025. As a consequence, the company’s shares will be temporarily suspended from trading on the London Stock Exchange (LON:LSEG) starting at 7:30 a.m. on May 1, 2025.

The delay arises from the need for additional time to finalize the financial accounts and for the auditor, Bright Graham Murray, to complete its procedures. Despite efforts to meet the deadline, the company has been unable to do so and is now working to resolve the issue and have the suspension lifted following the release of the audited accounts.

CEO Alessandro Zamboni assured shareholders that resolving the delay and reinstating trading of the company’s shares are top priorities. The Supply@ME team is actively engaged with its auditors to expedite the publication of the report.

Supply@ME’s platform enables businesses to generate cash flow by allowing them to monetize their inventory without incurring debt, through a non-credit approach. Inventory eligible for monetization can range from goods in warehouses awaiting sale to commodities involved in import/export transactions.

The temporary suspension of trading on the London Stock Exchange is a procedural step in accordance with listing rules, following the company’s inability to publish its audited report by the stipulated deadline.

This news is based on a press release statement and provides an update on the status of Supply@ME Capital plc’s financial disclosures. The company and its subsidiaries continue to offer their platform services, facilitating cash flow for businesses through innovative inventory funding solutions. The reinstatement of trading on the London Stock Exchange will be sought after the annual report for the year ended December 31, 2024, is published.

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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