Merchant House shares recommence trading on AIM

Nicola Brittain
clock

Merchant House Group will recommence trading ordinary shares on Aim at 12pm today following the suspension of shares on March 29.

The shares were suspended because several issues of shares totalling 652m, and representing 14.1% of the total, were made between October and December but the company had not informed AIM. The shares were suspended while the board investigated the reasons for AIM not receiving this information. Westward Consultants Limited were issued two lots of shares, the first on 3 October totalling 208m and the second on November 1 totalling 250m. The shares were issued to Westward Consultants as settlement of £0.5m in fees due to Balfour Consultants for provision of a digital trading platform...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Who really owns the digital client relationship? From ownership to orchestration

Who really owns the digital client relationship? From ownership to orchestration

The battle for the digital layer

Tessa Lee
clock 23 February 2026 • 5 min read
Why more financial advisers should post on TikTok

Why more financial advisers should post on TikTok

‘In 2026, financial advisers should take another look at TikTok’

Joe Jordan
clock 23 February 2026 • 4 min read
Treasury's AR consultation: Extending the FOS' scope a 'concern'

Treasury's AR consultation: Extending the FOS' scope a 'concern'

‘FOS needs to be overhauled as it is’

Isabel Baxter
clock 19 February 2026 • 4 min read