Bullish indicating open at $55-$60, IPO prices at $37
LONDON - Good Life Plus Plc (AQSE:GDLF), a company operating in the luxury prize draw and rewards sector, announced Friday it will seek shareholder approval to withdraw its shares from the Aquis Stock Exchange Growth Market.
The company’s board has determined that maintaining its public listing no longer provides meaningful benefits, citing limited trading liquidity, undervaluation relative to performance, and disproportionate administrative costs associated with being publicly traded.
According to the announcement, Good Life Plus does not currently rely on public markets for capital access and has received interest from investors willing to support the business as a private entity.
Subject to shareholder approval at the upcoming Annual General Meeting scheduled for July 30, 2025, trading in the company’s shares will cease on August 4, 2025. The meeting will be held at 1 Heddon Street in London at 10:00 am.
The board stated it is exploring options to provide continued engagement opportunities for shareholders who wish to remain invested, including potential future liquidity events and the possibility of establishing a trading platform to facilitate share transactions after delisting.
A circular with complete details about the proposed withdrawal, including rationale and timetable, will be sent to shareholders and made available on the company’s website.
The announcement was made in accordance with the AQSE Rulebook for Issuers, which requires companies to provide at least 20 business days’ notice of intention to withdraw from trading.
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