Home REIT has been forced to temporarily suspend its shares as an enhanced audit procedures, meaning it will not be able to publish its annual report in line with the regulatory requirement.
The suspension of the shares of £1.2bn trust, which aims to fund accommodation to homeless people, took effect at 7:30am today (3 January). In a stock exchange announcement the company said it "intends to request a restoration of the listing" following the publication of the 2022 results which it expects "to be published as soon as practicable". In a statement on 12 December last year the company said the results would be published "no later than 31 January 2023". The suspension is due to a Financial Conduct Authority requirement for a company to publish its annual report within fo...
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