Manufacturer is looking to move to AIM from main market

Robert Purcell
A manufacturing firm which specialises in making industrial chains has announced it is moving to AIM from the main market. Manchester based Renold said the move would help with its long-term strategic plan. The firm said it has been implementing a strategic plan which will focus on a number of initiatives including acquisitions. A statement was issued this morning laying out the details of the proposed move. The board is proposing to cancel the listing of the company's ordinary shares of 5p each from the premium segment of... For the full story register now for free or login below...