LONDON - QUIZ Plc, the omni-channel fashion brand, confirmed that today marks the last day of trading for the company's ordinary shares on the AIM market. The delisting follows the shareholder approval at the General Meeting on January 8, 2025, and will be effective from 7:00 a.m. on January 23, 2025.
Post-delisting, QUIZ will transition to a privately held entity and will be re-registered as Quiz Limited. In preparation for this change, the company has established a matched bargain facility through JP Jenkins, enabling shareholders and new investors to trade shares outside of the AIM platform starting January 24, 2025. JP Jenkins is an appointed representative of Prosper Capital LLP, which is authorized and regulated by the Financial Conduct Authority (FCA).
This facility is designed to match buy and sell orders for QUIZ's ordinary shares. Shareholders who wish to trade through JP Jenkins will be required to do so via their stockbroker. The company has advised shareholders that they can continue holding their shares in uncertificated form through CREST, but they should confirm with their stockbroker the ability to trade unquoted shares.
The details of the matched bargain facility, as well as additional information regarding the AIM delisting and the company's re-registration, have been outlined in a circular that was distributed to shareholders on December 20, 2024, and is also available on the QUIZ website.
Following the delisting from AIM, Panmure Liberum Limited will no longer serve as the nominated adviser and corporate broker to QUIZ. The company's move to privatization and the establishment of the new trading facility represent significant changes in how its shares will be traded going forward.
This news is based on a press release statement from QUIZ Plc.
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