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: SThree sees fall in NFI in UK & Ireland

International STEM staffing business SThree has seen net fee income in the UK & Ireland fall 9% year-on-year.

Financials 14 June 2019

FINANCIALS: Staffline claims Brexit is affecting temp to perm transfers

Recruitment and training group Staffline claims Brexit uncertainty is affecting demand for temporary workers.

Financials 17 May 2019

Eight recruiters among the top 1,000 wealthiest in the UK

Several recruiters are among the seriously loaded in this year’s Sunday Times Rich List.

People 13 May 2019

FINANCIALS: ClearStar posts positive results with strong rise in revenues

US background checking firm ClearStar has seen revenues rise 13% year-on-year.

Financials 13 May 2019