Published: April 28, 2026 at 8:01 am
Idox plc plans to leave the London Stock Exchange’s junior AIM market on 29th May as its £340 million takeover nears.
The firm has urged shareholders to submit their acceptances of the offer from US-based investment manager Long Path, an existing investor in the company, or risk losing out when it re-registers as private company on that date.
The Woking-headquartered software company has been listed in London for a quarter of a century but agreed a deal late last year with Long Path, via vehicle Frankel, to be taken private.
Once the threshold of 90% has been passed, on 29th May any shareholders who haven’t responded may find the liquidity, marketability and value of their holdings are affected, it warned.