Cambria Africa (GB:CMB) has released an update.
Cambria Africa Plc is seeking shareholder approval to delist its Ordinary Shares from AIM, citing administrative burdens and cost savings as key factors for the move. The proposed delisting follows a significant reduction in operations, including setbacks in the company’s main business Paynet Zimbabwe and its chemical business Millchem. Shareholders are advised that the lack of a formal trading market post-cancellation may affect share liquidity and value.
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