Change to Accounting Period
Egdon Resources plc (AIM:EDR) the UK Energy Company, advises that it has extended its current accounting period, which would have ended on 31 July 2023, by five months to end on 31 December 2023. This follows shareholder approval of the terms of a recommended all cash acquisition by Petrichor Partners LP (“Petrichor”) for the entire issued and to be issued ordinary share capital of Egdon and will align Egdon with the accounting period of Petrichor and also minimise ongoing audit costs.
As a result of this extended period, Egdon will publish unaudited interim results for the six-months to 31 July 2023 by 31 October 2023.
Egdon would plan to file its audited accounts for the extended period by 30 June 2024. However, should Egdon remain a public company beyond 31 December 2023 then it will publish its audited accounts for the extended period by 30 March 2024.