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Regent reviews its stock market status.

THE troubled operator of Walkabout bars and Jongleurs comedy clubs confirmed it was considering its future on the main London stock market.

Regent Inns issues a short statement saying a potential delisting of the company from the main market of the London Stock Exchange was under consideration.

If the company does pursue a delisting, it is expected to seek some alternative way for its shareholders to sell their shares.

Regent recently reported pre-tax losses of pounds 2.3m for the 26 weeks to December 27 after a subdued Christmas party season increased pressure on its Jongleurs clubs. Like-for-like sales declined by 12.2% in the half year..
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Publication:Huddersfield Daily Examiner (Huddersfield, England)
Date:Apr 25, 2009
Words:107
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