Article: Deep-Sea Leisure to de-list as Aspro expands.(News: Tourism & attractions)

Deep-Sea Leisure, which runs two aquariums in the UK, is set to cancel its AIM listing.

Net Ein, the company's majority and controlling shareholder, which is a subsidiary of European attractions operator Aspro, said it "believes that it is in the best interests of the company to seek the de-listing and continue as an unquoted firm".

Under AIM rules, such a proposal requires shareholder approval of 75%, but as Net Ein already owns about 98% of the company's share capital, the independent directors have concluded that to demand a formal requisition would only increase costs.

Therefore it is anticipated that the shares will be cancelled with ...

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