Greater Manchester-based Revolution Bars Group plc said on Tuesday that trading in its ordinary shares on AIM has been suspended because it failed to publish its interim results by March 30, 2023.
In a stock exchange statement, Revolution Bars said: “Revolution Bars Group plc, a leading operator of 58 premium bars and 22 gastro pubs, trading mainly under the Revolution, Revolución de Cuba and Peach Pubs brands, provides the following update with respect to its interim results for the 26 weeks ending 30 December 2023.
“As stipulated by Rule 18 of the AIM Rules for companies, the company was required to publish its interim results by 30 March 2023.
“The company has been unable to publish its interim results in line with this requirement and hence trading in the company’s ordinary shares on AIM will be suspended with effect from 7.30 a.m. on 2 April 2024 pending publication of the interim results.
“Suspension from trading will be lifted with the publication of the interim results in due course.
“Further to the announcement made on 26 March 2024, the company continues to evaluate all the options available to it, including engaging with key stakeholders and potential investors with respect to a fundraising.
“Further announcements will be made when appropriate.”