Individual Restaurant Company delisted from AIM

The Individual Restaurant Company (IRC) has been delisted from the Stock Exchange.

The company was listed on the Alternative Investment Market (AIM) but trading in its shares was cancelled this morning.

The move comes after a group of investors, including the founder of supermarket chain Iceland, decided to take the company private in a bid to get it growing again.

IRC, which owns the Piccolino, Restaurant Bar & Grill, Zinc Bar & Grill and Bank brands is currently listed on AIM but investors W2D2 decided to delist it.

Iceland bosses set to take Individual Restaurant Company private >>

By Neil Gerrard

E-mail your comments to Neil Gerrard here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

Caterersearch.com jobs

Looking for a new job? Find your next job here with Caterersearch.com jobs