Delay to announcement of 2020 preliminary results
Lookers today announces a short delay to the publication of its preliminary financial results for the year ended 31 December 2020 (the “2020 Results”).
Procedures in relation to the Group’s 2020 Annual Report & Accounts are almost complete and we are not aware of any material issues. However, the Board and the Group’s new auditors, BDO LLP, require slightly more time to conclude the audit process.
In light of the above, and following discussions with its auditors, the Group’s scheduled announcement of the 2020 Results, at 7am on 29 June 2021, will be delayed.
The Board is mindful that under the Financial Conduct Authorities (the “FCA”) amended Disclosure Guidance and Transparency Rules, the Group’s 2020 Results need to be published by 30 June 2021. The Board’s view is that this timetable is still achievable, but some timing risk still exists in the completion of audit processes.
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. The person responsible for making this announcement is the Company Secretary.
Alistair de Kare-Sliver / Simon Hockridge 020 3128 8742
The Company is registered in England at Lookers House, 3 Etchells Road, West Timperley, Altrincham WA14 5XS. Company registration number 00111876. LEI number 213800TSB8PJEACDAV33