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Smarttech247 Group PLC - cybersecurity services company - 99.6% of shareholders support resolutions to cancel shares, re-register the company as a private limited company and adopt new articles of association. Last day of dealings on AIM is expected to be November 3. Says to facilitate future share transactions, JP Jenkins will provide a matched bargain facility. The facility will come into effect following cancellation. Earlier this month, company said it believes that continued growth can be better achieved as a private company and that the costs and management time currently associated with maintaining a public listing can be reinvested into high-impact areas of the business focused on growing client numbers, revenue and margins. Also believes strongly that if an acquisition of the company is considered, that a considerably higher valuation would be secured in a de-listed environment than if the company remained quoted, which would ultimately benefit all shareholders. Current share price: 3.42 pence, closed up 0.4% on Thursday 12-month change: down 70% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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