LONDON - Webis Holdings plc, a global gaming group, announced today that its shareholders have passed a resolution at the General Meeting to delist the company's ordinary shares from the AIM market. The decision will see the last day of trading on AIM for Webis Holdings' shares on January 2, 2025, with the official cancellation of trading set for 7:00 a.m. UK time on January 3, 2025.
This move follows a unanimous approval by the company's shareholders and is a significant change for Webis Holdings, which has been trading on the Alternative Investment Market (AIM) for several years. The AIM is a sub-market of the London Stock Exchange (LON:LSEG), allowing smaller, less-viable companies to float shares with a more flexible regulatory system than is applicable to the main market.
The announcement also contains inside information regarding Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as part of UK Domestic Law following the European Union (Withdrawal) Act 2018. With the public release of this statement, such inside information is now considered to be in the public domain.
The company's Nominated Adviser, Beaumont Cornish Limited, is authorized and regulated by the Financial Conduct Authority (FCA) and will continue to advise and guide Webis Holdings on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers solely to the London Stock Exchange.
The delisting of Webis Holdings from AIM marks a new chapter for the company as it transitions away from the public market. This strategic shift is expected to impact the company's trading dynamics and investor relations.
The information in this article is based on a press release statement from Webis Holdings plc.
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