Canaccord moves to LSE main market

Canaccord Financial has cancelled common shares admission to the AIM, and plans to step up to the main market of the London Stock Exchange. Since Canaccord acquired Collins Stewart Hawkpoint, the Board of Canaccord concluded that the expanded size of its business operations warranted a move from the AIM to a larger exchange, which will […]

By Staff | May 30, 2012 | Last updated on May 30, 2012
1 min read

Canaccord Financial has cancelled common shares admission to the AIM, and plans to step up to the main market of the London Stock Exchange.

Since Canaccord acquired Collins Stewart Hawkpoint, the Board of Canaccord concluded that the expanded size of its business operations warranted a move from the AIM to a larger exchange, which will both Canaccord and its shareholders.

The company now intends to apply for listing on the standard segment of the official list of the UKLA Listing Authority, as well as admission to trading on the Main Market. Admission is expected to take place on June 29, 2012, with trading then cancelled on the AIM.

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

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