NEWS28 August 2009

Cagney shareholders approve AIM de-listing

Financials UK

UK— Shareholders at marketing services group Cagney, which owns research agency Tree, today passed a motion to de-list the firm’s shares from the Alternative Investment Market (AIM).

The firm asked shareholders to approve the motion earlier this month, claiming that a de-listing would allow it to concentrate on developing new market research offerings.

CEO Steve Mattey (pictured) said earlier this year that he wanted to re-align the firm as “a business delivering communications led by insight and technology”.

Cagney’s shares will cease trading on AIM on 8 September.