Artemis Resources Limited (LSE:ARV) has announced plans to withdraw its ordinary shares from trading on London’s AIM market, with cancellation scheduled for 13 February 2026, leaving the Australian Securities Exchange as its sole listing venue. The board said the decision reflects the high costs of maintaining a secondary listing, added regulatory and management complexity, subdued UK fundraising conditions and persistently low liquidity on AIM.
The company believes shareholders will not be materially disadvantaged by the move, as trading will continue uninterrupted on its primary market, the Australian Securities Exchange. Following the delisting, Artemis will wind up its Depositary Interest (DI) facility, with any remaining DI holdings automatically converted on a one-for-one basis into ordinary shares on the Australian register.
However, UK-based investors will lose the protections associated with AIM rules once the delisting is completed and will need to ensure they have access to ASX-enabled brokerage services to trade or hold their shares going forward.
More about Artemis Resources
Artemis Resources Limited is an Australia-based company whose primary listing is on the Australian Securities Exchange under the ticker ARV. Its ordinary shares have also been admitted to trading on London’s AIM market since February 2022, although the ASX has remained the company’s principal market and main source of equity liquidity.
Leave a Reply