McColl’s shares set to be suspended from London Stock Exchange

McColl's store front
Grocery
// Shares are set to be suspended from 1 June

McColl’s is set to have its shares suspended from the London Stock Exchange as bosses said they would be unable to get accounts signed off by the auditors in time.

The convenience store chain, which operates more than 1,100 branches across the UK, has been in discussions with potential lenders to resolve the funding issues and stabilise the business, which struggled during the pandemic due to supply chain issues, inflation and debt burden.

Read the full story here. 

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McColl’s shares set to be suspended from London Stock Exchange

McColl's store front

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// Shares are set to be suspended from 1 June

McColl’s is set to have its shares suspended from the London Stock Exchange as bosses said they would be unable to get accounts signed off by the auditors in time.

The convenience store chain, which operates more than 1,100 branches across the UK, has been in discussions with potential lenders to resolve the funding issues and stabilise the business, which struggled during the pandemic due to supply chain issues, inflation and debt burden.

Read the full story here. 

Click here to sign up to Retail Gazette‘s free daily email newsletter

Grocery

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