News blog

Daniel Stewart Securities

• BY: Andrew Hore |
• POSTED: 06/11/2014 |

Aim adviser Daniel Stewart Securities says 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.

Daniel Stewart cannot publish its accounts for the year to March 2014 until the regulated capital problem is resolved.

Shareholders voted to allow Daniel Stewart to issue additional shares at a general meeting on 6 November.

Trading in the shares was suspended at 0.35p on 1 October because the accounts had not been published within six months of the year end.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFOctober2014_61.pdf