IN BRIEF: Indus Gas starts trading on JP Jenkins following AIM exit
Indus Gas Ltd - Guernsey-registered oil and gas explorer, developer and producer in Rajasthan, India - Debuts on the JP Jenkins share dealing platform on Monday after its shares were cancelled from AIM on Friday. London-based JP Jenkins provides a matched bargain platform for unlisted companies. Indus Gas had been listed on AIM since 2008 but in December called a general meeting of shareholders for earlier this month to approve its delisting. Indus blamed a "lack of access to capital" and noted it has a limited free float, resulting in low liquidity. Gynia Holdings Ltd, which owns just under an 83% stake in Indus, supported the move. It starts on JP Jenkins with 183.0 million shares in issue and a GBP2.5 million market capitalisation. Read More