Quindell PLC (QPP) May Face Exit From London Exchange

Mark Melin

Published onJune 11, 2014

Updated on May 13, 2021

The problems for British-based Quindell PLC (LON:QPP) (OTCMKTS:QUPPF), an IT consultant and outsourcing firm whose revenue models and accounting issues raised concern, continue to multiply.

Table of Contents

The stock was the top percentage loser on the London Stock Exchange as it revealed it might lose its premium listing on the London Stock Exchange.

Quindell did not meet certain requirements for a premium listing

A report in Reuters says the company could not meet certain requirements for a premium listing but it did not detail any specific issue inside the firm. “The company said it could not meet a criteria which deems the applicant ineligible if its business has undergone ‘a significant change...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Quindell PLC (QPP) May Face Exit From London Exchange

Quindell did not meet certain requirements for a premium listing

Login required to continue reading.

Get Your Business News