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Albert Technologies puts bargain matching facility in place

Shareholders will continue to be able to hold their shares in uncertificated form and should check with their existing stockbroker whether they are able to trade in unquoted shares.

Albert Technologies - Albert Technologies puts bargain matching facility in place

Albert Technologies Ltd (LON:ALB), which will delist from AIM tomorrow, has put a secondary market trading facility in place for shareholders.

The company has appointed Asset Match, a firm authorised and regulated by the Financial Conduct Authority, to operate an electronic off-market dealing facility for Albert's ordinary shares.

This facility will allow existing shareholders and new investors to trade ordinary shares by matching buyers and sellers through periodic auctions.

The software company has not yet determined the closing date of the first Asset Match auction of its ordinary shares, but it is the company's intention to have the first auction during September 2019. Details will be posted on the company's website and on the Asset Match website.

Quick facts: Albert Technologies Ltd

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LSE:ALB
Market: LSE
Market Cap: -
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on 26/3/19

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