Chimaera will not be able to do this without the agreement of...

Chimaera will not be able to do this without the agreement of the trade creditors (who will own about 8% - 10%) and some existing SH's (~12%). Either Chimeara will need to acquire 90% or they will need to hold an EGM and get a favorable vote to delist. The administrator went to some length to retain the listing and that is an asset. I cannot see the benefit Chimaera gets from delisting; they will have complete control with ~80% and can retain that control by purchasing their rights in any RI. Taking up any shortfall would increase their holding to 90% when they can compulsorily purchase the remaining 10% if they should so wish.