Vulcan Industries plc
Extension of Deadline for Publication of Final Results
Vulcan Industries PLC (the "Company" or the "Group") announces that, due to the
current Covid-19 outbreak, the Company will be unable to post its annual
audited accounts to shareholders for the year to 31 March 2020 by the 31
October 2020 deadline pursuant to AQSE Rule 42 and AQSE's 'Stakeholder Update'
dated 31 March 2020. The Company has applied for and been granted an extension
of 1 month to publish its annual audited accounts and, therefore, the Company
will publish its annual audited accounts by 30 November 2020.
The reason for the delay of our final results is because two subsidiaries of
the Group (M&G Olympic Products Limited and IVI Metallics Limited) are based in
areas of northern England which have been severely affected by Covid-19 and
local lockdown restrictions prevented the auditors to commence work until the
beginning of September. More recently, Sheffield (where M&G Olympic's
facilities are located) has been placed under strict Tier 3 lockdown
restrictions making site access for both staff and auditors still extremely
challenging. We are working closely with the Company's auditors to ensure that
the Group's final results are finalised and released as soon as practical in
the course of November.
We take this opportunity to thank our shareholders and staff for their
continued support and PKF's team for their professionalism and dedication
demonstrated during this unprecedented time.
For further information, please contact:
Contacts
Vulcan Industries plc Via Vox Markets
Ian Tordoff, Chairman
John Maxwell, CEO
First Sentinel Corporate Finance Ltd (AQSE +44 7876 888 011
Corporate Adviser)
Brian Stockbridge
Gabrielle Cordeiro
Vox Markets (Media and Investor Relations) vulcan@voxmarkets.co.uk
Kat Perez +44 7881 622 830
Paul Cornelius + 44 7866 384 707
About Vulcan
Vulcan seeks to acquire and consolidate traditional but historically profitable
engineering, manufacturing and industrial SMEs for value and to enhance this
value in part through group synergies, but primarily by unlocking growth which
is not being achieved as a standalone private company. For further information,
visit: https://vulcanplc.com