AM Online

Just Car Clinics gets go-ahead for delisting

National bodyshop group Just Car Clinics has got the green light to cease trading of its shares on the Alternative Investment Market (AIM).

At its general meeting yesterday shareholders passed a special resolution to cancel its admission on the stock market.

The cancellation will be effective from 7am on November 8, 2011, and trading in its shares on AIM will cease at close of business on November 7.

JCC's chief executive Barry Whittles recently told investors the group had not gained benefits from its listing on AIM, which had been expected to increase liquidity in its shares and give it access to institutional funding.

 

If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Comment as guest


Login  /  Register

Comments

No comments have been made yet.