Manufacturer moves step closer to listing on AIM
Industrial chains and power transmission manufacturer Renold has taken another step towards moving from the main London Stock Exchange to AIM.
Last autumn the Manchester firm said that its board was considering whether to move onto the junior market.
The company said the move would improve its ability to carry out deals.
In April, it launched the first phase of the process by calling a general meeting and putting resolutions to shareholders for approval.
The resolutions were passed last month.
The firm has now outli... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...