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Iconic Labs PLC reports interims as new CEO looks to draw a line under past business

Iconic Labs reports interims as new CEO looks to draw a line under past business For the six months to December 31, the company reported a pre-tax loss of £934,707, while revenues increased to £496,052 from £2,500 Iconic Labs PLC (LON:ICON) has delivered its half-year results as the company’s new chief executive looked to draw a line under the past business. “It has been a challenging endeavour assembling these accounts given the circumstances surrounding the departures of the previous executives, directors, and most of the personnel coupled with the lack of any formal handover from them. My predecessor Sarah Dees with the assistance of then non-executive director Stephen Birrell did a commendable job beginning the process of determining what had taken place at Iconic Labs during the last six months of 2020. I again thank them for their work and assistance in facilitating my transition and the transition of the new Board of Directors into the Company”, CEO Brad Taylor sai

Investegate |Iconic Labs PLC Announcements | Iconic Labs PLC: Half-year Report

  Having recently taken over as Chief Executive Officer of Iconic Labs plc (together with its subsidiaries, Iconic Labs or the Company ), I am pleased to present the interim accounts for the six months ended 31 December 2020.   It has been a challenging endeavour assembling these accounts given the circumstances surrounding the departures of the previous executives, directors, and most of the personnel coupled with the lack of any formal handover from them. My predecessor Sarah Dees with the assistance of then non-executive director Stephen Birrell did a commendable job beginning the process of determining what had taken place at Iconic Labs during the last six months of 2020. I again thank them for their work and assistance in facilitating my transition and the transition of the new Board of Directors into the Company.

Iconic Labs PLC draws line under dispute with EHGOF

Iconic Labs PLC draws line under dispute with EHGOF
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EHGO Confirms Resolution of Dispute With Iconic Labs

Press release content from Business Wire. The AP news staff was not involved in its creation. EHGO Confirms Resolution of Dispute With Iconic Labs April 16, 2021 GMT LUXEMBOURG (BUSINESS WIRE) Apr 16, 2021 European High Growth Opportunities Securitization Fund (“EHGO”), an institutional investment company based in Luxembourg, has welcomed the appointment of new management and board members announced by Iconic Labs Plc (“Iconic”). EGHO confirms that its dispute with Iconic, which pre-dated the current management, has now been resolved and the legal proceedings by EHGO against Iconic have been concluded. Iconic recently announced Brad Taylor as its new CEO. Mr Taylor was previously general counsel and member of the executive committee at Orco Property Group. Iconic had earlier announced that three new non-executive directors had also been appointed to its board. These are Brendan O’Mahony, a certified accountant and previous partner at EY’s business in Poland; Willem

SMALL-CAP WINNERS & LOSERS: Iconic Labs rises as EHGOF withdraws claim

SMALL-CAP WINNERS & LOSERS: Iconic Labs rises as EHGOF withdraws claim Fri, 16th Apr 2021 10:51 (Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. SMALL-CAP - WINNERS Iconic Labs PLC, up 61% at 0.012 pence, 12-month range 0.0023p-0.05p. The media and technology business says following the settlement agreement with European High Growth Opportunities Securitization Fund, it has has withdrawn its claims against Iconic Labs. Further, EHGOF has also indicated its willingness to enter into discussions regarding a finance facility of up to GBP50 million to support the company s growth plans, it says. Bank of Ireland PLC, up 6.1% at EUR4.30, 12-month range EUR1.28-EUR4.39. The Irish lender says it entered talks to buy the loan assets and liabilities of KBC Group NV s Irish unit, as the Belgian bank looks to exit the country.

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