River Global PLC Announces Strategy Shift and Intent to Cancel AIM Listing

River Global PLC will abandon plans for a reverse takeover and re-admission as an investing company, and instead focus on monetizing its 30% stake in Parmenion Capital Partners LLP as an unquoted company. It is seeking shareholder approval to cancel its AIM listing and become a private entity, targeting cancellation in early December. The company has also accepted £1.1 million in cash from Liontrust in place of potential future consideration tied to the earlier disposal of River Global Holdings Limited, subject to clawback provisions.