McColl's Retail Group PLC (LSE:MCLS) has signalled another delay to the publication of its annual accounts as it remains in refinancing talks with key stakeholders.
As these discussions remain ongoing, the board has concluded there is now insufficient time in order to meet the current deadline for filing its results by the stock exchange deadline, which will result in trading in the company’s shares being suspended from 1 June.
Shares in McColl’s fell 5.6% to 0.65p in early deals; as recently as mid-November 2021 they were trading at around 20p.