LONDON (Alliance News) - AIM investing company Guscio PLC on Wednesday said its shares have been suspended after it failed to implement its investing policy by the AIM deadline of Tuesday.
If the company's investing policy has not been implemented within six months of the suspension, its shares will be cancelled.
The company said it has undertaken a "significant amount" of due diligence and said negotiations are underway on potential deals, as it focuses on seeking acquisitions in the educational technology sector.
Still, Guscio said there is no certainty that a deal will be sealed.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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