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Title : Regulus (REG.v): A slight delay on the Aldebaran spin-out
link : Regulus (REG.v): A slight delay on the Aldebaran spin-out

Regulus (REG.v): A slight delay on the Aldebaran spin-out

This desk hears that the REG trading halt is due to the Aldebaran spin-out, which has hit a delay or two. There's nothing nefarious going on, it's more bureaucratic hold-ups, but it means in practical terms that the listing of the spin-out Aldebaran company and its share distribution isn't going to happen today. With the delay and what with waiting on this-and-that legal thing to happen, the spin-out and Aldebaran's first day of trading is likely to happen end of next week, or perhaps the start of the week after. So now you know.

By the way, the ticker will be ALDE.v.

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