13 October 2023
Iconic Labs PLC
("Iconic" or the "Company")
Announcement of the Completion of CVA
Iconic Labs PLC (LSE: ICON) is pleased to announce that the Creditors Voluntary Arrangement ("CVA") has been completed and the relevant documents have been filed at and accepted by Companies House.
Brad Taylor, Chief Executive Officer of Iconic Labs, commented:
"The successful completion of the CVA marks an important step towards Iconic Labs' financial stability. Now that the CVA is discharged, Iconic Labs has removed historic debts and is well positioned to progress with growth opportunities and focus on its strategic goals.
"We look forward to updating shareholders and the market on our further activity in due course."
- Ends -
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
For any further information or enquiries please contact:
| Iconic Labs Brad Taylor, Chief Executive Officer | Tel: +44 (0) 7462 156238 ir@iconiclabs.co.uk |
| Novum Securities Limited David Coffman / Daniel Harris | Tel: +44 (0) 20 7399 9400
|
| Yellow Jersey PR Sarah Hollins Annabelle Wills Bessie Elliot
| Tel: +44 (0) 20 3004 9512 iconic@yellowjerseypr.com
|
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