Why companies left AIM in March 2023

There were four companies that left AIM during March with only one new admission – Onward Opportunities (LON: ONWD) - to replace them. Two of the companies were taken over, while one sold its business ahead of winding-up and the other changed its strategy, deciding to focus on an ASX listing.

1 March 2023

Appreciate Group

Corporate and consumer redemption products provider Appreciate (LON: APP) was acquired by PayPoint (LON: PAY) in a deal that valued the prepaid vouchers and Christmas savings group at £83m – based on a PayPoint share price of 580p. The offer was 33p in cash and 0.01...

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