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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

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