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Plant Impact PLC  -  PIM   

Accounting Reference Date Change

Released 07:00 25-Feb-2013

RNS Number : 5376Y
Plant Impact PLC
25 February 2013

Plant Impact plc

("Plant Impact" or the "Company")

Change of accounting reference date and plans for investor day

The directors of Plant Impact announce that the Company's accounting reference date has been changed from 31 March to 31 July.  The Company has made this change in order to more closely align its two six-month reporting periods with the highly seasonal nature of its business.  In the future, the Company will report financial performance for each twelve month period ending 31 July and each six month period ending 31 January.  These periods very closely link to Company's shipments and collections for the Northern and Southern Hemispheres.  As the Company is working to improve its focus and position in its European markets and expand its business in the Southern Hemisphere (primarily Brazil), the Directors believe this change will produce more meaningful information for shareholders.


As a result of the change of accounting reference date, the Company's reporting calendar will be as follows:


·     unaudited interim results for the 10 months ended 31 January 2013 announced  by 30 April 2013; and


·     audited results for the 16 month period ended 31 July 2013 published by 30 November 2013.


Thereafter, interim and annual reports will be published for each of the 6 months to 31 January and 12 months to 31 July periods respectively in accordance with the AIM Rules for Companies.


The directors of Plant Impact are also pleased to announce that they will be arranging a further site visit, to see the operations and facilities at Rothamsted, Harpenden.  The visit will be held on 19 July 2013 and the day will include an update presentation by the management team.  Further details will be released in due course.



For more information please contact:


Plant Impact plc



David Jones, Chairman

John Brubaker, Chief Executive Officer

Tel: +44 (0)1582 465540

WH Ireland Limited

Nominated Adviser and Broker to Plant Impact


Dan Bate


Tel: +44 (0) 161 832 2174


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Accounting Reference Date Change - RNS