InTechnology confirms market move

INTECHNOLOGY, the voice and data managed services provider, has confirmed it will delist from the Alternative Investment Market (AIM) on February 1 next year.

Peter Wilkinson, founder of the Harrogate-based firm, announced earlier this year that he wanted to take the company private because he felt the company's shares were being undervalued by the City.

InTechnology said that all resolutions had been passed at a general meeting today.

The date is conditional upon a court hearing confirming the capital reduction.