13th May 2016 13:39
LONDON (Alliance News) - All Leisure Group PLC Friday said it will be seeking shareholder approval to cancel its admission to trading on AIM, having concluded this is in the best interests of the company.
Shareholders will vote on this proposition at an extraordinary general meeting, to be convened June 8.
All Leisure said it has received irrevocable undertakings from some directors and shareholders, holding around 76.1% of the company's shares, to vote in favour of the cancellation.
Shares in All Leisure were untraded Friday afternoon. They last closed at 5.00 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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