Shares in troubled stockbroker Daniel Stewart are to be suspended from London’s junior Aim market, as the broker attempts to secure new funding.
The broker, backed by controversial Quindell founder Rob Terry, has had its shares suspended several times recently.
The Aim-listed broker’s own broker quit in April after a five-month suspension from the market due to a delayed annual report.
Daniel Stewart has announced that its shares will be suspended until it has secured a funding package and published its accounts:
The company is working on the conclusion of a funding package that it expects to announce shortly, following which it expects to be able to publish its full year 2015 accounts and resume trading on Aim.