Neo Energy Metals plc (LSE:NEO) has sought to reassure shareholders that its delayed Annual Financial Report for the year ended 30 September 2025 is close to completion. The company said publication is now expected in the week commencing 16 February 2026, following confirmation from its external auditors.
Trading in the company’s shares was temporarily suspended on the London Stock Exchange due to the short delay in finalising the accounts. Management expects the suspension to be lifted once the report is released, subject to standard exchange processes, and estimates the overall disruption to listing and trading will be limited to around two weeks. The company added that it is taking steps to strengthen internal controls to prevent similar delays in future, underlining a focus on improving governance and maintaining investor confidence.
More about Neo Energy Metals plc
Neo Energy Metals plc is a uranium development and mining company listed on the main market of the London Stock Exchange and South Africa’s A2X Markets. Through its South African subsidiaries, the group is assembling a sizeable uranium and gold portfolio, including 100% interests in the Beisa North and Beisa South Uranium and Gold Projects and the Beatrix 4 mine and processing complex in the Witwatersrand Basin. These assets together represent a SAMREC-compliant resource of 117 million pounds of U₃O₈ and more than 5 million ounces of gold. The company also holds up to a 70% interest in the advanced Henkries Uranium Project and a 100% stake in Henkries South, extending its uranium-bearing paleo-channel strike length to 46km in South Africa’s Northern Cape, and is led by a board with extensive experience in Southern African uranium and mineral development.
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