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In The Style – its farce continues as business sale scrapes through General Meeting vote but AIM cancellation is voted down

By Steve Moore | Friday 24 March 2023

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Taking-advantage-of-covid-lockdowns March 2021 at 200p per share listing dog, Oops sorry, “disruptive and inclusive digital womenswear fashion brand”, In The Style Group (ITS) has announced that at a General Meeting today “the Sale Resolution was duly passed by Shareholders on a poll. It is therefore expected that Completion of the Sale will occur on 27 March 2023. The Cancellation Resolution did not pass”. With the shares currently down a further more than 20% in response to 0.66p, what does the latest news mean?

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Rumours of two placings FWIW