On 26th February, Zytronic issued a letter to shareholders outlining three key points:They were unable to find a buyer for the business as a going concern.They have decided to proceed with liquidation.The estimated liquidation outcome ranges from 46p to 60p per share, with the process expected to take around nine months.A circular will be sent to shareholders, and a special resolution must be passed for the company to officially delist. However, before this vote takes place, the company’s shares will be suspended on 31st March because it will not meet the six-month deadline to publish its financial results for the year ending 30th September 2024. (As of now, we have not received any circular via e-mail.)
