Electric Guitar PLC ( (GB:ELEG) ) just unveiled an announcement.
Electric Guitar PLC announced that all resolutions at their General Meeting were passed, and their Company Voluntary Arrangement (CVA) proposal was approved by creditors. This approval allows the company to restore trading of its ordinary shares on AIM, contingent on new equity financing. The company plans to reorganize its share capital and has applied for the admission of new and existing shares to AIM, with trading expected to resume in April 2025.
More about Electric Guitar PLC
Electric Guitar PLC operates in the financial sector, focusing on managing and restructuring financial arrangements, with a market focus on trading its shares on the AIM market of the London Stock Exchange.
Technical Sentiment Signal: Buy
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