News blog

Secora

  • BY: Andrew Hore |
  • POSTED: 24/10/2008 |

Secora’s Aim quotation was cancelled on 24 October.

This was one month after Brewin Dolphin resigned as nominated adviser. An application to Plus-quoted will happen within 10 days.

Rivington Street Corporate Finance will be the Corporate Adviser.

Secora has invested a further £80,000 in fragrance company Miller Harris. This time it is in the form of convertible loan notes. They are convertible at the lower of 294p a share or 25% less than the price at which the company issues shares prior to conversion. Secora currently owns 19% of Miller Harris. 

Richard Thompson has resigned as chairman.

The closing price on Aim was 7p a share - the bid/offer spread was 6p/8p. 

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