Motif Bio PLC - AIM cash shell - Shares suspended from trading on AIM after six-month deadline for making a reverse takeover passes on Tuesday. Has another six months, to January 28, 2021, to do so, or shares will be cancelled from trading completely. Says continues to evaluate potential candidates to reverse into a listing and "will make a further announcement at the appropriate time".
Current stock price: 0.50 pence
Year-to-date change: up 32%
By Tom Waite; thomaslwaite@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.