Prestbury suspended from AIM again

Prestbury Holdings has been suspended yet again from the Alternative Investment Market for failing to file its half-year interim results on time.

The company is required to release its interim results to the London Stock Exchange for the six-month period to June 30 2008 by the end of this month.

But Prestbury has advised AIM it is unable to meet the September 30 deadline, which has led to the suspension of the firm from the AIM market with effect from this morning.

Prestbury also failed to meet its previous deadline for the 14-month period up to December 2007. When the results were finally revealed seven months after the original deadline, they showed the company had made a pre-tax loss of £1m.

The latest Prestbury suspension from AIM comes following yesterday’s transfer of approximately 80 Prestbury appointed representatives to Personal Touch Financial Services.