Fuse 8 confirms delist

SHAREHOLDERS in digital agency Fuse 8 have backed plans for the company to leave the stock market.

Trading in shares in the Leeds-based company on the AIM market will stop on November 11.

The move to withdraw from the AIM market follows turmoil at the company triggered by an internal investigation which raised doubts about its performance.

Chief executive Nigel Hunter’s resignation was initially refused but he left the company last month.

Delisting was one of the options put forward for the future of the company by the board with other possibilities including selling the business and turning it into a cash shell.

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