Leeds Group to delist from AIM and go private Be Investing.com

MANCHESTER, UK – Leeds Group PLC today announced that it has passed two key resolutions during its Extraordinary General Meeting (EGM) held at the Radisson Blu Hotel at Manchester Airport. Shareholders voted to delist the company’s shares from the AIM market and to re-register as a private limited company.

The resolutions, passed by a show of hands, received significant shareholder support, with 15,200,549 votes in favor and 31,646 against each proposal. The total number of shares with voting rights at the time of the Assembly was 27,320,843.

According to a company statement, the last day of trading of Leeds Group ordinary shares on AIM will be 18 December 2024. The delisting from the AIM market is to take effect from 7am on 19 December 2024. Concurrent with the delisting, Matched Bargain is expected to Facilities be admitted to trading in the Company’s common stock beginning on December 19, 2024.

Leeds Group will continue with the re-registration process to become a private entity, after which it will change its name to Leeds Group Limited and adopt new articles of association. The complete text of the decisions can be found in the notification of the Assembly, which is available for viewing on the company’s website.

This strategic move follows the company’s decision to transition from the public market, reflecting a shift in the company’s long-term strategy. Information regarding the EGM results and future changes for Leeds Group is based on the press release.

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