Highlights
R8 Capital (LON:R8C) suspended by the FCA from the London Stock Exchange
Suspension linked to delayed annual financial report under DTR 4.1R regulations
Shares remain paused until the company publishes required disclosures
R8 Capital plc (LON:R8C), listed in the FTSE AIM UK 50 INDEX and operating in the financial services sector, has been temporarily suspended from trading on the London Stock Exchange. The action was taken following the company’s failure to meet its annual financial reporting obligations under the Disclosure Guidance and Transparency Rules (DTR 4.1R).
The Financial Conduct Authority (FCA) initiated the suspension early Wednesday morning to ensure investor protection. According to the regulatory announcement, this measure will remain in place until R8 Capital provides clarity on its reporting delay and releases its annual financial report.
The ordinary shares of R8 Capital, traded under the ISIN GB00BKX8NT01, fall under the "Equity shares (shell companies)" segment. These shares have been halted from trading as of 7:30 a.m. UK time, preventing any market activity on the London Stock Exchange (LSE) until further notice.
No official explanation has been provided regarding the specific cause of the delay in financial reporting. The company has not issued an accompanying statement outlining any expected publication date or additional context surrounding its accounts.
The FCA’s move is aligned with existing market regulations which require listed companies to provide timely and transparent financial disclosures. Under DTR 4.1R, companies must publish audited annual financial reports within a defined timeframe following the close of their financial year.
Market participants now await further updates from R8 Capital’s management. Until the necessary documentation is made available, the suspension will stay in effect. This regulatory step underscores the emphasis on compliance and transparency for firms operating within the FTSE AIM 100 Index and broader UK markets.
The suspension was communicated via a regulatory news service update issued by the FCA’s Issuer Management division. No timeframe has been suggested for the lifting of the suspension.