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StockSCIROCCO ENERGY ORD GBP0.002
Event TypeDe-Listing
DescriptionProposed Delisting
General Meeting date: 7th May 2024
Expected effective date: 17th May 2024
Market affected: Alternative Investment Market (AIM)
Trading restrictions: The last day we will be supporting trading will be 16th May 2024.
Scirocco Energy plc has announced its intention to cancel its listing of Ordinary shares from trading on AIM. This is expected to become effective on 17th May 2024 subject to approval at the General Meeting.
As the shares will no longer be trading on a supported stock exchange you may choose to sell your holding prior to our last day of trading listed above or transfer your holding to another broker.
Following the delisting the company will be re-registered as a private limited company and will implement a Matched Bargain Facility which may be available through the Interactive Investor platform.
ISA Customers
Due to restrictions imposed on ISA accounts, unlisted shares are not considered an ISA-qualifying investment. Therefore, we will arrange to move your Scirocco Energy plc shares to a linked trading account, opening one on your behalf if you do not already have one.
SIPP, Pension Trading Account, and Junior ISA customers
Unlisted shares are not considered a qualifying investment for these accounts and withdrawals are not permitted from these products. Consequently, holders may wish to liquidate any holdings prior to a delisting becoming effective.
HTtps://twitter.com/AminexPLC/status/1780512343597736244
Company Directors should not be allowed to take it Private.
August 2021?
That's exactly what I thought at that time, never knew the directors will show this much incompetency.
So what YOU have been doing here since that time?
shorting this stock?
I still hold the stock & will buy more.
No one is forcing you to buy a single share here.