21st Aug 2020 18:16
(Alliance News) - Reach4Entertainment Enterprises PLC said Friday its shareholders have approved its cancellation from AIM.
As a result, the company's last day of trading will be September 2, with its shares being cancelled the next day.
The London-headquartered marketing group has previously bemoaned the costs of maintaining its listing amid the coronavirus pandemic.
Given the Covid-19 pandemic's damage to its business, thanks to the closure of all live venues on Boradway and London's West End, Reach4Entertainment has previously stated the "the costs of maintaining a London listing outweigh the benefits afforded by operating as a public company".
Shares in Reach4Entertainment Enterprises closed 1.6% lower in London on Friday at 0.30 pence each.
By Paul McGowan; [email protected]
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