Proton Motor Power Systems Plc to Delist from AIM
Why we think this is very bad
The delisting announcement is a very negative event for Proton Motor Power Systems Plc and its shareholders. The company's shares will no longer be publicly traded, making it difficult for shareholders to sell their holdings. Shareholders may struggle to find buyers for their shares, and there is no guarantee they will be able to sell at a fair value. The delisting will likely result in a significant decline in the company's visibility and access to capital markets.
Key Points
- Proton Motor Power Systems Plc's shares will be cancelled from trading on AIM
- There will be no public market for the company's shares after the delisting
- Shareholders may struggle to find buyers for their shares and may not be able to sell at a fair value
Summary
Proton Motor Power Systems Plc has announced that today, February 14, 2025, is the last day of dealings in the company's ordinary shares on AIM. The company's ordinary shares will be cancelled from trading on AIM at 7.00 a.m. on 17 February 2025. Following the cancellation, there will be no market facility for dealing in the ordinary shares, and no price will be publicly quoted. Shareholders seeking to sell their shares after the cancellation should contact the company directly.