Aquatic Foods Group PLC Update on accounts publication (3456P)
30 Agosto 2017 - 10:14AM
UK Regulatory
TIDMAFG
RNS Number : 3456P
Aquatic Foods Group PLC
30 August 2017
Press Release 30 August 2017
Aquatic Foods Group Plc
("Aquatic Foods" or "AFG" or "the Group" or "the Company")
Update on accounts publication
Aquatic Foods Group Plc (AIM: AFG), a leading Chinese marine
foods and seafood processor and producer supplying to export and
local markets, announces an update in respect of the publication of
its full year results to 31 December 2016 ("2016 Accounts") and
appointment of a new finance director.
The Company has identified a preferred candidate for the role of
Finance Director and has substantially completed standard diligence
procedures in relation to his appointment.
The Company expects that the 2016 Accounts should be available
for publication once the new finance director is in position, which
is now expected to occur during September 2017. It is expected that
the new finance director, when appointed, will also assist in
progressing the requirement that further funds are remitted to the
Group's Jersey holding company from its operating subsidiaries in
China.
The Company's interim results for the six month period to 30
June 2017 will become due for publication at the end of
September.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
- ENDS -
For further information:
Aquatic Foods Group Plc Via Abchurch
Dr. Wang Shaodong, Non-Executive
Chairman
SP Angel Corporate Finance Tel: +44 (0) 20 3470
LLP 0470
Nominated Adviser and Broker www.spangel.co.uk
Stuart Gledhill / Robert
Wooldridge
Media enquiries:
Abchurch Tel: +44 (0) 20 7469
4630
Julian Bosdet / Dylan Mark www.abchurch-group.com
/ Alejandra Campuzano
AquaticFoods@abchurchgroup.com
Notes to Editors:
Aquatic Foods Group is a leading marine foods and seafood
processor and supplier based in China. The Group initially built
its business through focusing on the export market (principally
Japan under the "Kanwa Foods" brand), and subsequently established
the "Zhenhaitang" brand in 2007 in mainland China to take advantage
of the growing market driven by growing disposable income within
the Chinese middle-classes and a more health conscious consumer
base.
The Group benefits from excellent food safety procedures
developed over many years which have helped the Group to build a
strong track record of supplying its products into overseas
markets. This track record has enhanced the perception of the
quality and reliability of the Group's products in China and has
allowed the Group to expand significantly into local markets as
demand for seafood products has increased. In a market that has
seen regular public health scares relating to food safety, the
Group considers that its adherence to these standards to be a key
strength. The Group has obtained the following key standards:
- ISO 9001 Quality Management System certification
- HACCP Food Safety System certification
- BRC certification; and
- Marine Stewardship Council certification
Aquatic Foods works with a network of distributors to
effectively market its products in China. The Group has continued
to grow its distributor relationships and now distributes its
products in 16 provinces, municipalities and autonomous regions in
China through 50 regional distributors. These distributors in turn
sell the Group's products to sub-distributors and retailers,
including supermarket chains and hypermarkets.
Further information can be viewed at www.aquatic-foods.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEASPEDFAXEFF
(END) Dow Jones Newswires
August 30, 2017 11:14 ET (15:14 GMT)
Aquatic Food (LSE:AFG)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
Aquatic Food (LSE:AFG)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024
