July 31 (Reuters) - Jupiter Energy Ltd (JPR)
- Notice of cancellation of AIM listing
- Board have reviewed company's aim listing and concluded that these benefits of listing have not been realised
- Board has concluded that costs incurred in maintaining a secondary listing on aim, exceeds benefits obtained from listing
- The Cancellation is not subject to shareholder approval however the Board has discussed this issue with Jupiter's three major shareholders -- Waterford Petroleum Limited, Arrow Business Limited and Central Asian Oil Holdings Limited -- and each entity has given their unequivocal support in respect of the Cancellation
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