Financial adviser Lighthouse Group has announced it plans to de-list from AIM.
Lighthouse chairman David Hickey (pictured) said it was no longer in the best interests of the company to continue as a listed entity. It will seek shareholder approval for the cancellation of admission of its ordinary shares to trading on AIM at the group's annual general meeting on 31 July. Under AIM rules, Lighthouse needs at least 75% of the shareholder vote in favour of de-listing for the motion to go through. Should the cancellation be approved, it is expected it will take effect at am on 8 August. Hickey said: "For some time the conventional advantages of being listed on ...
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