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An update from Minoan Group plc ( (GB:MIN) ) is now available.
Minoan Group Plc has announced the signing of a Letter of Engagement with Anstey Bond LLP to audit the company’s fiscal year ending October 31, 2024. This audit is crucial for Minoan to comply with AIM Rules and facilitate the lifting of the suspension of its share trading. DAGG LLP has agreed to provide a loan to Minoan to fund the audit, with the loan being a related party transaction due to Nicholas Day’s involvement in both DAGG LLP and Minoan. The terms of the loan have been deemed fair and reasonable by the independent director, Tim Hill, after consultation with Zeus Capital Limited.
More about Minoan Group plc
Average Trading Volume: 2,661,880
Technical Sentiment Signal: Sell
Current Market Cap: £1.63M
Find detailed analytics on MIN stock on TipRanks’ Stock Analysis page.