The Times, 13 March 2025, Mike Ashley-advised Hornby to quit London stock exchange

ShareSoc director Mark Bentley is quoted extensively in this article:

However, Mark Bentley, a director at ShareSoc, a group that campaigns for the interests of small shareholders, called Hornby’s proposal to delist as “a kick in the teeth”.
“Back in 2020, Hornby raised £15 million, placing shares at 36p so they took advantage of the Aim market as did other companies which have delisted,” Bentley said. “They used it to raise capital for the business and now they are basically kicking the shareholders in the teeth by moving to delist.”

Bentley called for tighter regulation to protect the interests of retail investors. “I would like to see a requirement that in such circumstances the majority [of] shareholders that are moving to delist the company should buy out the minorities at the share market value before the proposed delisting is announced. That would only seem fair to me.”

“It is something which the regulators should be looking at as it is just not right that a company moves to a stock exchange market, raises money there and then waltzes off leaving the shareholders high and dry.”

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