Parsley Box Group, the ready meals delivery company backed by Scottish entrepreneurs Chris van der Kuyl and Kevin Dorren, has been admitted to the JP Jenkins share dealing platform.
The platform provides a venue for trading shares in unlisted or unquoted assets in companies on a matched bargain basis.
Parsley Box, based at Orchard Brae House, Edinburgh, was created during the pandemic but cancelled its trading on the Alternative Investment Market two years ago after a disastrous brief presence on the stock market.
Following an IPO in March 2021, which valued the company at £84 million, it lost almost its entire value after a series of trading alerts.
Shareholders wishing to trade on the JP Jenkins platform can do so through their stockbroker. Trades will be conducted at a level that it is able to match a willing seller and a willing buyer.
Trades can be conducted, and limits can be accepted, during normal business hours. Shareholders or potential investors can place limits via their existing UK regulated stockbroker.
The indicative pricing for the ordinary shares as well as the transaction history, will be available on the JP Jenkins website.
JP Jenkins is a trading name of InfinitX and appointed representative of Prosper Capital.
The move follows a decision by Glasgow-based fashion retailer Quiz Clothing to propose cancelling its trading on AIM in order to save costs. It will put the proposal to a meeting of shareholders next month.
