on Grit Real Estate Income Group (isin : GG00BMDHST63)
Grit Real Estate Faces Continued Suspension Amid Financial Delays
Grit Real Estate Income Group has announced ongoing delays in publishing its financial results, leading to the continued suspension of its shares on the London Stock Exchange and Stock Exchange of Mauritius. Originally due by 30 September 2026, the interim results for the six months ended 30 June 2026 remain unpublished.
The company cites ongoing discussions with lenders regarding covenant compliance and restructuring options as the primary cause of its delay. These discussions must be resolved before finalizing their financial statements for the 18-month period ending 31 December 2025.
Management remains committed to updating shareholders about the potential transaction and plans for restoring share trading. The Board takes full responsibility for the information contained in its latest announcement, with CEO Bronwyn Knight providing further insights as needed.
R. H.
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