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Benchmark Holdings Considering Potential Reverse Takeover (ALLISS)
LONDON (Alliance News) - Benchmark Holdings PLC on Thursday said it is contemplating a potential acquisition which would be classed as a reverse takeover under rules on London's AIM junior market.
Shares in the company have therefore been suspended from trading.
Benchmark said the suspension will last until "an admission document is published in relation to the potential acquisition or the talks otherwise conclude".
The company issued the update as it became aware of "speculation".
Shares in Benchmark Holdings were untraded on Thursday at shortly after midday in London, having last traded at 91 pence.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
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