Why companies left AIM in June 2024

There were five companies that left AIM in June 2024. Three ran into financial difficulties, one is a shell that failed to secure a transaction and the other was taken over. Wound healing technology developer AOTI Inc (LON: AOTI) was the only new company during the month.

12 June

Rurelec

Rurelec was started up to invest in South American electricity generation assets and joined AIM on 18 August 2004 when it raised £800,000 at 40p/share. On the 6 January 2006, there was a reverse takeover at 42p/share.

The original investment was a 50% stake in the Energia del Sur power plant in Pa...

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