News blog

Daniel Stewart Securities

  • BY: Andrew Hore |
  • POSTED: 01/12/2014 |

Aim broker Daniel Stewart Securities says that it will relinquish its nominated adviser licence on 12 December. 

Daniel Stewart has already resigned as nominated adviser to some of its clients but others will need to find an alternative in the next few weeks or face losing their quotation.

The move will reduce revenues but the related cost savings should offset that reduction.

Trading in Daniel Stewart shares was suspended at 0.35p on 1 October because the accounts had not been published within six months of the year end. Daniel Stewart cannot publish its accounts for the year to March 2014 until its regulated capital problem is resolved. The broker has previously said that it is awaiting approval from the FCA for a potential new significant investor that would provide cash to cover the shortfall in its regulatory capital.

Download the latest AIM Journal from http://www.hubinvest.com/ AIMPDFNovember2014_62

© 2019 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

News Blog
All micro news

Oracle Power

Lignite coal mine and power plant developer Oracle Power has raised £500,000 at 0.425p a share. 

Continue reading... | 22/02/2019

LiDCO Group

Changing to a SaaS model has held back revenues at patient monitoring equipment supplier LiDCO Group. 

Continue reading... | 20/02/2019

HML Holdings

Property manager HML Holdings is making the immediately earnings enhancing acquisition of a rival London-based lettings manager. 

Continue reading... | 19/02/2019

Ironveld

Ironveld has raised £1.1m at 1.75p a share.

Continue reading... | 19/02/2019

All micro news

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds