By Adam Whittaker
HC Slingsby said it would ask shareholders to vote on its proposal to delist from the AIM share index.
The distributor of industrial and commercial equipment said 73.12% of shareholders have agreed to support the resolution, which would be put to a vote. Under AIM rules, the company needs the support of 75% of shareholders.
If shareholders approve the cancellation, the company expects shares to be removed from the index on Dec. 23. It plans to host a general meeting on Dec. 15.
The company said delisting would reduce costs and enhance strategic flexibility.
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
November 20, 2025 03:28 ET (08:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Comments