SDX Energy (GB:SDX) has released an update.
SDX Energy is planning to delist its ordinary shares from AIM and re-register as a private limited company, citing the high costs and regulatory burdens of being publicly traded. The move is expected to provide greater strategic flexibility and attract more investors who prefer unlisted companies. Shareholders will still have an option to trade shares through a matched bargain facility once the delisting is complete.
For further insights into GB:SDX stock, check out TipRanks’ Stock Analysis page.