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Leeds Group Faces Trading Challenges After Hemmers Sale

Leeds Group Faces Trading Challenges After Hemmers Sale

Leeds Group plc (GB:LDSG) has released an update.

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.

For further insights into GB:LDSG stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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