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Merit Group ( (GB:MRIT) ) has issued an update.
Merit Group plc has received a request from major shareholder Michael Anthony Ashcroft, who holds a significant 42% of the company’s shares, to convene a general meeting for considering the resolution to delist the company from the AIM market by March 1, 2025. The board plans to adhere to legal obligations by organizing the meeting within the specified timeframe, advising shareholders to await further announcements, indicating potential strategic shifts impacting shareholder interests and market positioning.
More about Merit Group
Merit Group plc operates in the data and intelligence industry, focusing on providing data and intelligence services. The company is listed on the AIM market under the ticker MRIT.
YTD Price Performance: -4.69%
Average Trading Volume: 11,658
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £7.31M
Find detailed analytics on MRIT stock on TipRanks’ Stock Analysis page.
