Proactive Investors - Chill Brands (LON:CHLL) shares have been suspended from trading on the Main Market of the London Stock Exchange at the request of the company.
It follows the announcement of internal investigations into a number of commercial arrangements entered into connected to its UK vape business and allegations that had been raised around the use of inside information.
Chill Brands stated in an RNS: “The company's board of directors are unable to currently provide the market with an accurate update of its financial and trading position.
“At this time both investigations remain ongoing, and it is the company's intention to provide a more detailed update on its trading, operational and strategic position once this is concluded.”
Shares are suspended effective immediately.