7th Sep 2018 16:23
LONDON (Alliance News) - Zamano PLC said Friday that its shares will be delisted from trading on London's AIM Market after it failed to make an acquisition within six months from its shares' suspension.
The cash shell's shares were suspended on March 9 as it had not made an acquisition in the six months since shedding its operations.
In mid-August, Zamano said that the unnamed counterparty, with which it was in discussions over a potential reverse takeover, had notified the company it "no longer wished to complete the transaction".