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Zytronic ( (GB:ZYT) ) has issued an announcement.
Zytronic PLC has announced its intention to cancel the admission of its ordinary shares from trading on AIM, with the decision backed by significant shareholder support. This move is seen as beneficial for the company and its shareholders, with a secondary market trading facility to be provided by Asset Match Limited post-cancellation. The cancellation is contingent upon shareholder approval at a General Meeting, and if approved, will be effective from May 15, 2025. This strategic decision reflects a shift in the company’s operational focus and market strategy, potentially impacting its liquidity and investor engagement.
More about Zytronic
Zytronic Displays Limited (ZDL) is a developer and manufacturer of optically transparent interactive touch sensor overlay products for electronic displays used in industrial, self-service, and public access equipment. The company has developed proprietary technologies, PCT™ and MPCT™, and holds 20 internationally granted patents. ZDL offers a complete solution from processing glass and film substrates to developing bespoke firmware and electronic hardware, operating globally from its headquarters in Blaydon-upon-Tyne, UK.
YTD Price Performance: -15.81%
Average Trading Volume: 80,698
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.49M
See more data about ZYT stock on TipRanks’ Stock Analysis page.