National bodyshop group Just Car Clinics has got the green light to cease trading of its shares on the Alternative Investment Market (AIM).
At its general meeting yesterday shareholders passed a special resolution to cancel its admission on the stock market.
The cancellation will be effective from 7am on November 8, 2011, and trading in its shares on AIM will cease at close of business on November 7.
JCC's chief executive Barry Whittles recently told investors the group had not gained benefits from its listing on AIM, which had been expected to increase liquidity in its shares and give it access to institutional funding.
An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
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