FINANCIALS: Kellan to delist from AIM by mid-January

Kellan Group is seeking to delist from the AIM market of the London Stock Exchange by mid-January 2019.

In a statement, released late last week, the multi-sector recruiter revealed its directors considered the cancellation to be in the best interests of shareholders after considering, among other things, the costs associated with maintaining trading in the company’s shares on AIM.

Back in September, the group revealed it was considering delisting the trading of its shares from AIM.

The group added that it anticipates that the last trading day of its shares on AIM will be 14 January 2019, providing it can secure 75% of votes backing the proposal at a general meeting set for 3 December. The proposal already has the backing of 70% of shareholders.

The statement further revealed major shareholder BMN Commercial has put forward an offer to buy 67.9m shares in an off-market transaction at 0.4p each.

The offer opened today and will remain open 21 business days after the group’s shares stop trading on AIM.

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is

FINANCIALS: NFI up for Hays, revenue up for Parity Group

Hays and Parity Group have issued financials this morning, indicating increased net fee income and revenue.

Financials 16 April 2019

Robert Walters: UK recruiters have massive potential for global growth

There is the potential for recruiters to grow their businesses right across the globe, according to industry veteran Robert Walters.

Financials 15 April 2019

FINANCIALS: Americas business leads gross profit growth at PageGroup

Global recruiter PageGroup has seen group gross profit increase 11.7% year-on-year, according to a trading update for the first quarter of 2019.

Financials 10 April 2019

FINANCIALS: ClearStar sees profit rise

US background check technology and service provider ClearStar has seen year-on-year profit climb 11%, according to a trading update for the quarter to 31 March 2019.

Financials 10 April 2019