Delisting RNS Today - Transition Plan?3 Jan 2025 09:38
Unbelievable how they were able to delist whilst in ‘temporary suspension’, misleading investors they were coming back but never did. FCA seriously need to look at the rules here, as RTOP here clearly abused LSE rules by delisting whilst in suspension with no exit plan or shareholder approval. They said they have a Transition Plan in place, but a month on still no details or execution of this…now they are delisted!
So will FCA now chase them / and hold them to account as this was confirmed in the RNS BEFORE delisting, or let them disappear in the sunset and make a mockery of LSE??? LSE is becoming a joke, so many companies leaving out markets for lack of investment and also for companies like RTOP who are making a joke of our markets….same BoD at SYME so very concerning!