Approval and Publication of Annual Report and Audited Financial Statements

Published: 27 January 2022

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 52, St. Christopher Street, Valletta VLT 1462, Malta (hereinafter the "Company"), pursuant to the Capital Markets Rules issued by the Malta Financial Services Authority in accordance with the provisions of the Financial Markets Act {Chapter 345 of the laws of Malta), as amended from time to time.

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Approval and Publication of Annual Report and Audited Financial Statements

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 2021 by virtue of a resolution in writing signed by all of the Directors of the Company on 26th January 2022, 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 Capital Markets 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 2021 differ by more than ten percent (10%) from previously published forecast financial information. The variance threshold was breached as a result of (i) foreign exchange rates, with the year's balances having moved in the Company's favour due to the strengthening of the Pound Sterling against the Euro; and (ii) additional interest charges (both income and expenses) from inter-company loans in view of the fact that said loan balances which were planned to be restructured during 2021, thereby resulting in the Company not incurring inter-company interest income or expenses, are still ongoing and now forecast to be complete in 2022.

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 Wednesday, 16th February 2022 at 2nd floor, 1310 Waterside, Arlington Business Park, Theale, RG7 4SA, United Kingdom. 

A copy of the Company's Annual Report and Audited Financial Statements for the financial year ended 31st October 2021, as approved, is available for viewing below as an attachment to this announcement and at the Company's registered office, and is also available for download from the following link on the Company's website: https://health.idoxgroup.com/investor-information/bond-issue-information.

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Dr Luca Vella
Company Secretary
26th January 2022
Company Announcement: 6PM179