McColl's Retail Group is set to have its shares suspended from the London Stock Exchange, as it is unable to get its accounts signed off by auditors in time.
The struggling convenience store chain confirmed that it will not be in a position to publish its annual report for the year ended 28 November 2021 by the end of May, as originally intended.
A statement explained that the delay reflects the need for a conclusion to discussions with key stakeholders around a potential financing solution for the business, in order to finalise audited financial statements.