Last Rns18 Aug 2017 11:17
Following the Company's shareholders rejecting the Board's proposal to cancel trading of the Company's shares on AIM last year, the Board has been considering a number of options for the Group. These include the possible disposal of one of the Company's operating subsidiaries and the Group is currently in discussions with interested parties, although the Group has not reached any definitive offer or agreement with respect to any potential disposal and there can be no certainty that any discussions will lead to a transaction, or the terms on which any transaction might be agreed, or its timing. Amongst other things, any potential disposal will need to be undertaken in accordance with the AIM Rules for Companies and other applicable regulations.
* So no current plans for delisting as rejected at the last AGM
* It's not a takeover - it may be parties interested in ONE part of the company - as per the RNS!