The board of Healthcare Locums Plc (HLO:LSE), the beleaguered specialist health and social care staffing firm, which suspended trading in its shares in January 2011 amid major financial irregularities, has today confirmed that it is "finalising the investigations into accounting irregularities, working to complete the 2010 audited accounts and continuing negotiations to stabilise the capital structure of the group with a view to the restoration of trading in the company's shares on AIM as soon as possible."

"A further announcement will be made at the appropriate time."

HCL's shares are still suspended following the investigation into accounting irregularities. As of last trade, HCL's shares traded at 112.50 Pence, +29.31% above the 52 week low of 87 Pence set on 17 December 2010.