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Zytronic PLC (LSE:ZYT) has revealed plans to withdraw its ordinary shares from trading on the AIM market, a move that has garnered strong support from key shareholders. The company believes this step aligns with the best interests of both the business and its investors. Following the delisting, an alternative platform for share trading will be provided through Asset Match Limited to ensure continued shareholder access to liquidity.
The delisting is subject to approval during a forthcoming General Meeting. Should the resolution pass, the cancellation is scheduled to take effect on May 15, 2025. This strategic shift signals a realignment in Zytronic’s operational and market priorities and may influence how investors engage with the company going forward.
Company Overview: Zytronic Displays Limited (ZDL)
Zytronic Displays Limited, a subsidiary of Zytronic PLC, specializes in designing and manufacturing highly durable, optically clear touch sensor overlays for use in industrial, self-service, and public-facing electronic equipment. The firm’s proprietary touch technologies—PCT™ and MPCT™—are protected by 20 international patents. ZDL delivers end-to-end solutions, including the processing of glass and film substrates and the development of customized firmware and electronic components. Its global operations are headquartered in Blaydon-upon-Tyne, UK.
Market Snapshot
- Year-to-Date Performance: -15.81%
- Average Daily Volume: 80,698 shares
- Technical Signal: Strong Buy
- Market Capitalization: £4.49 million
