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Allergy Therapeutics (AGY): AIM delisting and re-registration

This situation live

AGY Allergy Therapeutics

£253m · 1.5p · −59% since the first step
4.8p 1.5p Now 1.5p · 3 Nov +0% Oct ’26Nov
Delisting / take-private
AIM delisting and re-registration
Proposed; circular and AGM notice to follow
Next: Shareholder vote on special resolutions at the AGM
Every step · 1
  1. 3 Nov 2026 Proposed; circular and AGM notice to follow – Any Cancellation would require the approval of not less than 75 percent of votes cast by shareholders, in accordance with Rule 41 of the AIM Rules for Companies. ↗

What is happening

Allergy Therapeutics: AIM delisting and re-registration – Proposed; circular and AGM notice to follow. ['Proposed; circular and AGM notice to follow']

In short
On 3 November 2026 the Board announced it will propose cancelling AIM admission and re-registering as a private company, citing a market cap that undervalues the company, limited free float and liquidity, and AIM costs. Both major shareholders support it. Needs 75% of votes cast at the AGM; a circular follows.
Announced
3 Nov 2026 · Proposed; circular and AGM notice to follow
Approval needed
Special Resolutions at the AGM; not less than 75% of votes cast (AIM Rule 41)
Board view
Unanimously concluded Cancellation and Re-registration is in the best interest of the Company and shareholders
Major shareholders
Both major shareholders support it and intend to vote in favour
Last trading day
About five business days after the Special Resolutions pass at the AGM
Dealing after
Company intends to offer a matched bargain facility
Timetable
Circular and AGM notice to follow 'in due course'; no dates given

What comes next

Shareholder vote on special resolutions at the AGM.

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Also at Allergy Therapeutics 1 open
Project milestonesVLP Peanut PROTECT trial – Now a primary listing, still no timetable Dilutive fundraisePotential equity raise – No raise; debt funded, cash £24.2m · closed Insider conviction1 director buying – £2,479k in 1 buy · closed Stake building towards controlZQ Capital Management Limited towards control – 60.31% (from 25.58%) · closed Allergy Therapeutics – company page →

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