Apr 2020 Financial News

MPC Caribbean Clean Energy Limited - Further Delay in the publication of Audited Annual Financial Statements

Apr 21, 2020

MPC CARIBBEAN CLEAN ENERGY

Dear shareholders of MPC Caribbean Clean Energy Ltd.,

We regretfully must inform you that due to uncontrolled and unforeseen reasons with the auditing process, the annual financial report the year ending 31 December 2019 will be delayed. The delays in the auditing process are based on delays in the financial reporting in the underlying investment structure, dependant on partners from various jurisdictions. Some of the relevant service partners are from jurisdictions strongly affected by the current COVID-19 pandemic. The management does everything in their power to adhere to the filing obligations on time. However, the publication will possibly be delayed for up to another 15 days from the extended date and therefore the new publication date is presumed to be May 15th, 2020. As the Annual Report 2019 relies on the information presented in the audited financial statements, respective delay is foreseen for the submission and publishing of Annual Report of the company with the expected submission day to be May 22nd, 2020.

We apologize for any arising inconveniences and refer to the published interim financial report for the fourth quarter 2019, containing a full set of relevant disclosure notes.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday 21st April, 2020