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LONDON - Mobile Tornado Group Plc (AIM:MBT), a provider of resource management mobile solutions to the enterprise market, announced Monday that shareholders approved the company’s exit from London’s AIM market and its conversion to a private limited company.
At a General Meeting held Monday, shareholders overwhelmingly supported both special resolutions, with approximately 98.63% of votes cast in favor of each proposal.
The company’s shares will cease trading on AIM effective September 9, 2025, with the final day of trading scheduled for September 8, 2025. Following delisting, Mobile Tornado will re-register as a private limited company under the name Mobile Tornado Group Limited, a process expected to be completed by September 23, 2025.
To facilitate share trading after delisting, the company plans to establish a matched bargain facility through JP Jenkins. Additional details regarding this trading mechanism will be provided on the company’s website.
The announcement follows the company’s initial statement regarding these plans, which was issued on August 11, 2025.
This information is based on a press release statement from Mobile Tornado Group Plc.
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