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Electric Guitar PLC on Thursday said it intends to de-list from the standard segment of the Official List and Main Market of the London Stock Exchange.
The Reading, England-based digital marketing acquisition company remains in the process of acquiring Bristol-based peer 3radical Ltd through a reverse takeover.
The company has now decided to pursue an application for admission to trading on AIM in conjunction with the acquisition with the de-listing taking place no sooner than May 1.
The official de-listing date is to be confirmed by the end of April.
Electric Guitar shares are currently suspended.
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