Company Announcement - Approval and Publication of Financial Statements (1)

Published: February 21, 2019

The following is a Company Announcement issued by 6PM HOLDINGS P.L.C., a company registered under the laws of Malta with company registration number C 41492 and having its registered office at Idox Business Centre, Triq it-Torri, Swatar, Birkirkara BKR 4012, Malta (hereinafter the “Company”), pursuant to the Listing Rules issued by the Listing Authority.

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Approval and Publication of Financial Statements

Financial Statements for the financial year ended 31st October 2018

The Company announces that its Board of Directors has approved the Company’s Annual Report and Audited Financial Statements for the financial year ended 31st October 2018 by virtue of a resolution in writing signed by all of the Directors of the Company on 20th February 2019, pursuant to the articles of association of the Company.

The Board of Directors shall be recommending to the Annual General Meeting of the Company that no dividend be declared.

The Company notes that, in terms of Listing Rule 5.16.24, the Board of Directors has determined that the results set out in the aforesaid Annual Report and Audited Financial Statements for the financial year ended 31st October 2018 differ by more than ten percent (10%) from previously published forecast financial information, which variance threshold was breached as a result of a consolidated tax charge and, consequently, consolidated Profit after Tax. More specifically and as set out in further detail in said financial statements for the financial year ended 31st October 2018 published on the date hereof and available for viewing as detailed below, the taxation variance crystallised on account of a higher transfer pricing adjustment than originally anticipated, which, in turn, triggered an additional tax charge and a corresponding lower Profit after Tax. The Company further announces that the Board of Directors resolved that the aforesaid Annual Report and Audited Financial Statements be submitted to the shareholders of the Company for their approval at the forthcoming Annual General Meeting scheduled to take place on Thursday, 7th March 2019 at 40 Furnival Street, London EC41 1JQ, United Kingdom.

Copies of the Company’s Annual Report and Audited Financial Statements for the financial year ended 31st October 2018 are available for viewing and download from the following link on the Company’s website here. 

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Dr Luca Vella
Company Secretary
21st February 2019