Leeds Group plc (GB:LDSG) has released an update.
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Leeds Group plc has completed the sale of its main subsidiary, Hemmers, in an effort to navigate ongoing financial challenges, including its shares being suspended from the AIM market due to a failure to meet specific trading requirements. The company is exploring alternative trading platforms, but currently lacks the requisite market capitalisation to join the AQSE Growth Market. Despite financial setbacks, the Directors remain committed to maximizing shareholder value and are considering various options for future trading opportunities.
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