05/10/2001
Glass manufacturer and distributor Darby is poised to become the latest member of the ever-growing flock of Full List companies migrating to Aim. As with many of its peers the motivation behind the switch appears to be twofold. Firstly to make future corporate transactions such as disposals and acquisitions simpler to perform, and secondly to potentially gain access to the host of funds that specialise in investing in Aim stocks. In September alone five companies made the journey, engineering firms Brooke Industrial and Beauford included. Darby, which generated a £1.2m (£490,000) loss on £11.5m (£10.8m) of sales in the six months to June, is due to arrive on 22 October.
| Market cap: | £4m |
| PE Forecast: | n/a |
| Share price: | 14.5p |
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