ADA Adams Plc

TIDMADA

RNS Number : 4886S

Adams PLC

09 March 2023

Adams plc

("Adams" or the "Company")

Announcement by WANdisco

The Board of Adams notes the announcement made this morning by WANdisco plc ("WANdisco") regarding certain irregularities with regard to received purchase orders and related revenue and bookings that give rise to a potential material mis-statement of WANdisco's financial position. As a result, WANdisco has requested that its shares be suspended from trading on AIM while it conducts an investigation with its external legal and professional advisers into the nature of this activity and its true financial position.

The WANdisco announcement can be viewed in full via the link below:

https://www.londonstockexchange.com/news-article/WAND/trading-revision/15867764

Adams has an interest in 85,000 ordinary shares in WANdisco which it acquired in December 2022 for a consideration of approximately GBP592,000.

Enquiries:

 
Adams plc 
Mike Bretherton                 Tel: +44 1534 719 761 
 
Nomad 
Cairn Financial Advisers LLP 
Sandy Jamieson, James Caithie   Tel: +44 207 213 0880 
 
Broker 
Peterhouse Capital Limited 
Heena Karani, Martin Lampshire  Tel: +44 207 469 3393 
 

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR") as retained as part of UK law by virtue of the European Union (Withdrawal) Act 2018 as amended.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCSSDFIUEDSELD

(END) Dow Jones Newswires

March 09, 2023 10:47 ET (15:47 GMT)

Grafico Azioni Adams (LSE:ADA)
Storico
Da Nov 2024 a Dic 2024

Grafico Azioni Adams (LSE:ADA)
Storico
Da Dic 2023 a Dic 2024