Game Group has requested that its shares be removed from the London Stock Exchange.
The news will come as a bitter pill for the company’s shareholders, who now face almost zero chance of getting their initial investback – only a profitable sale of the retail group’s mainland Europe business will provide a cash injection.
The official statement reads:
“Game Group has today applied for the listing of its securities to be cancelled from the Official List and for the admission to trading of its securities to be cancelled from the Main Market of London Stock Exchange plc with effect from April 3.”
Game’s UK operation is safe following which will see 333 stores and over 3,000 jobs saved.