Carlisle-based agriculture and engineering firm Carr’s Group said on Thursday it will apply to have the trading of its shares reinstated when its delayed results are published, probably on February 14.

On January 4, Carr’s said its shares would be temporarily suspended amid a delay to the publication of its audited results for the year ended September 3, 2022.

On Thursday, Carr’s announced an update on the completion of its statutory audit, dates of its full year results and AGM — as well as a board succession plan.

On the day the results are announced, Tim Jones will take up the role of non-executive chair, Peter Page will relinquish the role of executive chair and become CEO, Neil Austin will stand down as CFO and David White will join the board as CFO.

“Further to the group’s announcement on 4 January 2023, the group’s statutory audit timetable has been extended due to the additional work required as announced on 22 November 2022,” said the firm.

“The group, therefore, anticipates releasing its results on 14 February 2023.

“The group’s AGM will be held in Carlisle at 12.00 p.m. GMT on Monday 27 February 2023. 

“Notice of the AGM will be issued to shareholders by no later than 3 February 2023.

“Following publication of the results, the group will call a separate general meeting to approve the annual report and accounts for the financial year ended 3 September 2022.

“Notice of the meeting, together with a copy of the Annual Report and Accounts 2022 will be issued to shareholders as soon as practicable after 14 February 2023.”