Electric Guitar PLC on Thursday said it intends to de-list from the standard segment of the Official List and Main Market of the London Stock Exchange.

The Reading, England-based digital marketing acquisition company remains in the process of acquiring Bristol-based peer 3radical Ltd through a reverse takeover.

The company has now decided to pursue an application for admission to trading on AIM in conjunction with the acquisition with the de-listing taking place no sooner than May 1.

The official de-listing date is to be confirmed by the end of April.

Electric Guitar shares are currently suspended.

Copyright 2024 Alliance News Ltd. All Rights Reserved.