Suspensions | Founder sales | Placings
Having recently announced encouraging results, the founders of two AIM companies covered here, decided it was time to cash in. Elsewhere, another company needed to top-up its coffers, while shares in a Main Market small cap have been suspended. Not a very joyful end to the week for holders in these companies, unless you were the founder!
HeiQ shares suspended Shares in Main Market listed HeiQ (LSE: HEIQ) have been suspended due to its inability to publish its audited results for the year ended 31 December 2022 by 30 April 2023. The Company has apparently been delayed in the preparation of its annual results, primarily due to the acquisition and implementation of new systems, as well as changes to processes within the organisation. Surely, this should have been allowed for previously! HEIQ is involved in “materials innovation and hygiene technologies” and has so far failed to deliver to shareholders the sort of returns its fulsome self-promotion supports.…