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Company Shares Cancelled Or Suspended In London Over Delayed Results

Thu, 02nd Jan 2020 09:36

(Alliance News) - Shares in Amphion Innovations PLC were cancelled from trading in London on Thursday due to delayed publication of its 2018 results, while another five companies' shares were suspended for the same reason.

Amphion's shares have been cancelled from trading on AIM as it has still not published its 2018 annual results. Amphion was a medical, life science, and technology business developer but became a cash shell in November 2019 when it sold its stake in Polarean Imaging PLC for USD2.6 million. Trading in its shares was suspended in June 2019.

Real estate investment trust KCR Residential REIT PLC, mobile content distributor Mobile Streams PLC, oil & gas explorer Pantheon Resources PLC, and gaming technology platform Nektan PLC all have had trading in their AIM shares suspended on Thursday pending publication of their audited annual results.

In addition, Carclo PLC has requested the suspension of its share listing on the London Main Market - having failed to publish its interim results. This follows delays to the publication of its annual results for its financial year ended March 2019 and work needed to exit its loss-making Wipac Ltd business.

Plastic parts manufacturer Carclo said it is at an advanced stage in the preparation of its interim results and these will be published "as soon as possible".

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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31 Dec 2019 13:09

Amphion Shares To Be Cancelled As 2018 Results Still Pending

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20 Nov 2019 15:45

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Amphion Innovations Disappointed At Having To Sell Polarean Shares

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10 Sep 2019 17:29

Amphion Innovations Sells 1.2 Million Shares In Polarean Imaging

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9 Aug 2019 16:38

Amphion Sells Polarean Imaging Shares To Reduce Loan Balance

(Alliance News) - Amphion Innovations PLC said Friday it has sold part of its stake in Polarean Imaging PLC in order to partly repay its loan facility.The medical and life science developer

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1 Jul 2019 09:59

AIM Listings Have Shares Suspended After Failing To Publish Results

(Alliance News) - A group of London's AIM market listings had their shares suspended on Monday following the failure to publish 2018 results on time.Under AIM rules, companies had until

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12 Jun 2019 18:16

Amphion Innovations To Work With Debt Providers To Refinance Facility

(Alliance News) - Amphion Innovations PLC said Wednesday its debt providers have told the company the excess value of the collateral does not meet the terms of an agreed facility between the in at

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1 Apr 2019 16:48

Amphion Innovations Pledges Polarean Shares As Extra Security For Loan (ALLISS)

LONDON (Alliance News) - Amphion Innovations PLC said Monday it has pledged its holding in Polarean Imaging PLC as additional security against its loan facility with its debt in Amphion closed 22%

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19 Mar 2019 16:20

Amphion Innovations Sells More Shares In Motif Bio As Loan Repayment (ALLISS)

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15 Mar 2019 14:31

Amphion Innovations sells 1.8m shares in Motif Bio

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