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Notice of Results

Dillistone Group Plc
("Dillistone", the "Company" or the "Group")
Notice of Results for the year ended 31 December 2019

Further to its announcement on 4 June 2020, the Board now anticipates that its results for the year ended 31 December 2019 will be released in July, as a result of COVID related delays in the auditing process.

Following confirmation from Companies House and pursuant to Inside AIM (26 March 2020), the Company has been granted an extension to the date by which its annual accounts can be published. The new deadline by which the annual accounts will be announced is 31 July 2020.

In the meantime, the Board is happy to confirm that:

  • Following the trading update announced on 6 February 2020, it continues to expect pre-tax losses for the year to 31 December 2019 before acquisition related items and one off adjustments to be broadly in line with market expectations of a loss of £0.30m;
  • in its announcement of 4 June 2020, the Board noted an improvement in expected outcomes for the financial year and this remains its view.  It continues to expect a small operating loss for the half ending 30 June 2020; and,
  • following the new loan of £1.5m announced on 4 June 2020, cash balances on Tuesday 23 June 2020 amounted to £1.8m.

Enquiries:

Giles Fearnley  Chairman via Walbrook PR
Jason Starr  Chief Executive via Walbrook PR
Julie Pomeroy Finance Director via Walbrook PR
Chris Fielding  WH Ireland Limited (Nominated Adviser) 020 7220 1650

Tom Cooper/Paul Vann

Walbrook PR

020 7933 8780
0797 122 1972
tom.cooper@walbrookpr.com

Notes to Editors:

Dillistone Group Plc is a leader in the supply and support of software and services to the recruitment industry. Dillistone operates through the Ikiru People brand.
 
The Group develops, markets and supports the FileFinder, Infinity, Midoffice, ISV and GatedTalent products.
 
Dillistone was admitted to AIM, a market operated by the London Stock Exchange plc, in June 2006.  The Group employs around 100 people globally with offices in Basingstoke, Southampton, Frankfurt, New Jersey and Sydney.
 
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