MJH.L Share Price (MJH)

So there it is, alk the institutions/ bank/ directors get their money, the business is sold for a song and the poor shareholders......

"final completion of the Business Outsourcing Sale, it should be noted that it is highly unlikely that there will be a substantial, or any, amount available to Shareholders following payment of all creditors and costs".

Probably, almost certainly zilch

Looks like this is the answer, snippet from Investors Week.
"The vast majority of the proceeds from the deal will go towards repaying £33.7m owed to Santander UK, with the firm stating that it was "highly unlikely" shareholders would receive payouts once costs were settled".

Nice to know Santander Bank will get it's money back, rather than the thousands of shareholders that were taken in by the Primary Bid fundraise.

MJ Hudson to delist from London stock market Aim
London has lost another listing as asset management consultant MJ Hudson said it was planning to quit the Aim junior stock market.

data and analytics arms and its business outsourcing division.

The proceeds of the transaction will go towards paying MJ Hudson’s £33.7m debt owed to its senior lender, Santander UK. The company expects that further funding will be required to complete the sale of its business outsourcing division, which includes multiple regulated entities.

Think it says bids for Divisions of the company not the company as a whole .