Millbrook Scientific Delists
Millbrook Scientific proposed to set up an auction-based service for trading of its shares. For the year ended March 31, Millbrook Scientific revenues rose 10.6% to £2.9 million ($4.9 million) (see IBO 10/15/09), including MiniSIMS revenue of £1.1 million ($1.9 million).
London, UK 10/20/09 and 11/17/09; Manchester, UK 10/19/09—Millbrook Scientific Instruments, maker of the NanoTest nanomechanical test system, has delisted its stock from London’s AIM exchange. The company sought to cancel its listing in order to reduce costs, limit competitive exposure and reduce the time burden on management. The company has also changed its name to Micro Materials Limited. Last month, Millbrook Scientific placed its MiniSIMS (secondary ion MS) business into administration (see IBO 10/15/09). The business was acquired by Scientific Analysis Instruments (SAI) and has been renamed Scientific Analysis Materials. “The acquisition will enable SAI to build on both its MALDI imaging instrumentation and its more recent developments in high-end SIMS imaging of biomolecules,” stated SAI Managing Director Vic Parr.
