NSE-listed Atlas doubts return to London bourse after suspension

Atlas CEO Carl Esprey. The firm has had a troubled history since listing on the NSE in December 2014. PHOTO | FILE

Nairobi Securities Exchange-listed Atlas African Industries says it is doubtful of a return to the London Stock Exchange where it was suspended on October 17 following the resignation of its nominated adviser (Nomad).

The company also halted trading on the NSE’s Growth Enterprise Market Segment (GEMS) the next day, making the stock illiquid for existing and prospective shareholders.

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