HYBRID Software Team PLC AMENDS Economical REPORTING CALENDAR
Cambridge (Uk), 29 March 2022: Hybrid Software package Group PLC (Euronext: HYSG) (the “Company”) announces that the publication of its annual report will be delayed and the economic reporting calendar has been amended.
As a end result of Brexit, the Company’s auditors are not recognised below Belgium legislation as a 3rd-place auditor and the legal guidelines of Belgium have not been handed to change that circumstance. The Company’s contingency strategy for this situation is to have a twin audit feeling that satisfies equally the Uk firm law demands and the Belgian market place regulator’s specifications. This will also permit the Corporation to entire the Prospectus in relation to the 2021 acquisition of HYBRID Application Group S.à r.l..
The dual audit feeling involves two auditors, 1 from the British isles and one from Belgium and a important boost in the function needed. A period of contingency was factored into the audit system, but, combined with the elevated first-12 months audit get the job done for the acquisitions made through 2021, further time is expected to entire the perform.
Subsequently, the publication of the annual report will be delayed and will be released on or in advance of Friday 22 April 2022.
Quarter 1 investing update
The buying and selling update for the 3 months ending 31 March 2022 will now be revealed just before market opening on Tuesday 3 Could 2022.
Once-a-year General Meeting
The Business intends to publish a considerably additional specific annual report to describe the breadth of the organization, like recent acquisitions. To allow all shareholders to adequately read the yearly report and forged their proxy votes, the Company’s once-a-year standard meeting has been postponed until eventually Tuesday 10 May well 2022. The meeting’s timing, venue, and last agenda will be presented in accordance with relevant authorized and regulatory provisions.
About Hybrid Software Group
Through its functioning subsidiaries, Hybrid Software Team PLC (Euronext: HYSG) is a primary developer of company software for industrial print production. Buyers involve push producers these types of as HP, Canon, Durst, Roland, Hymmen, and hundreds of packaging printers, trade retailers, and converters all over the world.
Hybrid Software Group PLC is headquartered in Cambridge United kingdom. Its subsidiary corporations are color know-how professionals ColorLogic, printing program developers World-wide Graphics Software package, organization software program developer HYBRID Software, 3D style and modelling software program builders iC3D, the industrial printhead driver methods experts, Meteor Inkjet and pre-push workflow developer Xitron.