Cambria Africa (GB:CMB) has released an update.
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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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