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IN BRIEF: Gama Aviation set for AIM exit this week

28th May 2024 20:35

Gama Aviation PLC - Farnborough, England-based aviation services company - Shares are to be cancelled from AIM on Friday, after shareholders backed its delisting in a general meeting earlier in May. It proposed the delisting in April, noting the "permanent cost savings" this would bring and "highly illiquid" trading of shares. Shareholders had also approved a return of GBP32.6 million at that meeting.

Current stock price: 95.50 pence

12-month change: up 87%

By Eric Cunha, Alliance News news editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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