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IN BRIEF: iEnergizer to stop trading on AIM after Wednesday

Mon, 22nd May 2023 22:03

iEnergizer Ltd - Noida, India-based IT service management firm - Shares will be cancelled from trading on FTSE AIM 100 Index and FTSE AIM All-Share Index on Thursday, FTSE Russell reports. In April, iEnergizer said it was seeking cancellation, stating that staying on the stock exchange was "unlikely to provide the company with significantly wider access to capital", adding that the cost and legal implications of maintaining its admission to trading on AIM were "disproportionate" to the benefits.

Current stock price: 65.40 pence, up 15% on Monday

12-month change: down 82%

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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