Shares in Parsley Box Group PLC traded down 26% on Tuesday after the company said it was considering whether to delist from London’s AIM stock exchange, and that it is assessing various potential sources of capital available to fund its medium term growth plans.
The U.K.-based ready meal company said it is considering whether its status as a publicly traded company continues to be in the interests of shareholders, and that the cancellation of its shares may provide greater opportunities to raise any additional capital required in the future.
The company added that 2022 trading remains in line with market guidance.
Shares at 1525 GMT were down 2.45 pence at 7.05 pence.