UK's Dispensa Group touches record low as co plans to de-list on LSE

Dispensa

13/02/2024 08:33

** Shares of UK-based holding firm Dispensa Group Plc
 DISPD.L  down 73.7% at a record low of 0.7p 
    ** Co intends to cancel listing on London Stock Exchange
(LSE)
    ** Co says Moore Kingston Smith sent notice to cease being
co's auditor 
    ** Adds current market conditions, challenges of
implementing growth-acquisition strategy in listed environment
key factors in decision process
    ** If losses hold, stock set to post second biggest pct drop
    ** As of last close, stock down 71% YTD




 (Reporting by Hani Kollathodi in Bengaluru)
 ((Hani.Kollathodi@thomsonreuters.com;))