Cost concerns prompt Pointon York delisting

In an announcement to the market yesterday, the group said its directors believe the benefits of quotation are "potentially outweighed" by the ever increase costs, both direct and "particularly indirect". The statement added the company's securities trade infrequently on the market, with only two trades in the previous three years. Shareholders have ten days to raise objections to the move. The company, headed up by Geoff Pointon, will have to hold a general meeting to seek approval for delisting if any valid objections are raised. "The directors hope that the costs of such a meeti...