The Board of ADVFN today announced that the Directors have, after careful consideration, concluded that it is in the best interests of the company and its shareholders to seek shareholder approval for the cancellation of admission of the Ordinary Shares to trading on AIM and for the company to be reregistered as a private limited company.
The General Meeting has been convened for 10 a.m. on 25 April 2025 at the offices of Reynolds Porter Chamberlain LLP, Tower Bridge House, St Katharine’s Way, London, E1W 1AA.
If the Cancellation Resolution is passed at the General Meeting, it is anticipated that the cancellation will become effective at 7.00am on 6 May 2025. The cancellation resolution is conditional on the approval of Shareholders holding not less than 75% of the votes cast by Shareholders (whether present in person or by proxy) at the General Meeting.
The reasons for the proposed delisting were outlined in a letter…
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