Work Group suspended as it misses reporting deadline
As a raft of AIM companies rushed to post their 2015 results before the 30 June deadline, Work Group announced on Wednesday that its shares had to be suspended from trading.
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The AIM-traded company said it would not be in a position to publish its audited report and accounts for the year ended 31 December 2015 by 30 June in accordance with Rule 19 of the AIM Rules for Companies.
“As a result, the company's shares have been suspended from trading on AIM as of 0730 BST today,” Work Group’s board said in a statement.
“The suspension will remain in place until the company's audited report and accounts for the year ended 31 December 2015 have been published, which the board expects to occur in mid-July 2016.”