9th Jun 2026 10:30
Silver Bullet Data Services Group PLC - London-based marketing services provider - Calls general meeting for June 25 to ask shareholders to approve its de-listing from the AIM market in London after just five years as a public company. Silver Bullet listed on AIM in June 2021 at 257 pence per share, but its shares have plunged since, losing a further 64% after Tuesday's announcement.
Silver Bullet has remained loss-making since its listing, reporting a GBP2.1 million pretax loss in the first half of 2025 on GBP4.8 million in revenue. The company hasn't yet released its full 2025 results, but recently said it achieved positive earnings before interest, tax, depreciation and amortisation and a 22% rise in revenue in the first quarter of 2026.
"Despite delivering consistent growth and a current Ebitda positive performance, the recent downturn in the financial markets has adversely impacted the company's share price and does not reflect the fundamental value of the company, undermining its future ability to raise funds in the public markets appropriate to its continued growth strategy," Chief Executive Officer Ian James says, explaining the board's decision to propose de-listing. Silver Bullet "can achieve a fairer value and a larger quantum of future funding" as a private company, he says.
Current stock price: 9.00p
12-month change: down 70%
By Tom Waite, Alliance News editor
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