Chamberlin (GB:CMH) has released an update.
Chamberlin PLC, a specialist castings and machining group, has entered a period of administration for its subsidiaries CHC and RDC, with FRP Advisory Trading Limited overseeing the process. Following these events, the company’s Nominated Adviser, Cavendish Capital Markets Limited, has resigned, leading to the suspension of Chamberlin’s ordinary shares from trading on AIM. The company now faces potential delisting if a new adviser is not appointed within a month.
For further insights into GB:CMH stock, check out TipRanks’ Stock Analysis page.
