Nektan shares suspended amid delay to annual report

Gaming technology platform and services provider Nektan announced on Thursday that it had not been able to publish its audited annual report and accounts for the year ended 30 June by 31 December, as required by Rule 19 of the AIM Rules.

The AIM-traded firm had warned shareholders of the prospect on 23 December, saying at the time that it expected to be in a position to publish its report some time in January.

“Dealings in the Company's ordinary shares will therefore be temporarily suspended from trading on AIM under AIM Rule 40, with effect from 0730 GMT [on] 2 January, until such time as the accounts have been duly published in compliance with AIM Rule 19,” the board said in its statement.

“The group expects that this will be during January 2020.

“Notwithstanding the temporary suspension of trading in the ordinary shares, the company will continue to make announcements as and when required by the AIM Rules.”