Scirocco Energy PLC (GB:SCIR) has released an update.
Scirocco Energy PLC has announced plans to delist from the AIM market, transitioning to a private company, and is proceeding with a Members’ Voluntary Liquidation to return cash to shareholders. The proposal includes a General Meeting on May 7, 2024, to vote on the delisting and re-registration, with the final trading day on AIM expected to be May 16, 2024. The company highlights cost savings and a streamlined process as key benefits of the move, expecting to save at least £250,000 annually.
For further insights into GB:SCIR stock, check out TipRanks’ Stock Analysis page.
