(Alliance News) - Nektan PLC said Tuesday its shares on AIM have been suspended as it has failed to get the necessary funds for additional working capital needed to secure the company's future.
As a result, the gaming technology services provider has started the process in the Gibraltar courts to seek the appointment of an administrator, which is set to be effective later on Tuesday.
By Dayo Laniyan; dayolaniyan@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.


UK EXECUTIVE CHANGE SUMMARY: Brand Architekts Completes New Top Team


Nektan Reports Narrowed Loss In First Half Amid Restructuring


UPDATE: Nektan Annual Loss Widens, To Focus On New Strategy