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Scirocco Energy Shareholders Approve Cancellation
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Scirocco Energy Shareholders Approve Cancellation

Scirocco Energy PLC (GB:SCIR) has released an update.

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Scirocco Energy PLC has announced that following a general meeting, shareholders voted in favor of the Cancellation of trading on AIM, with the last trading day set for May 16, 2024. The intended return of cash to shareholders is likely to proceed through a members’ voluntary liquidation (MVL), with a further meeting in about two months to appoint liquidators. In the interim, a matched bargain platform will facilitate trading of the Company’s Ordinary Shares post Cancellation until the MVL commences, if approved.

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

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