--- title: "Plato Capital to delist with $0.0305 exit offer price" type: "News" locale: "en" url: "https://longbridge.com/en/news/241925800.md" description: "Plato Capital is set to delist with an exit offer price of $0.0305 per share, representing a 111.81% premium over its last traded price on May 23. The company plans a voluntary delisting through a selective capital reduction, cancelling 2.1 million shares and reducing its paid-up capital by $6.4 million. The exit offer also shows significant premiums over one-, three-, and six-month average prices, but is at a 37.11% discount to the net asset value of $0.085 as of December 31, 2024. An extraordinary general meeting will be held for shareholder approval, requiring at least 75% support." datetime: "2025-05-27T03:06:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/241925800.md) - [en](https://longbridge.com/en/news/241925800.md) - [zh-HK](https://longbridge.com/zh-HK/news/241925800.md) generator: "portal-rs" --- # Plato Capital to delist with $0.0305 exit offer price **The offer price represents a 111.81% premium over the last traded price on 23 May.** Plato Capital is undertaking a voluntary delisting exercise by way of a selective capital reduction, which will entail the cancellation of the issued ordinary shares in the company. In a bourse filing, the company will be reducing the issued and paid-up share capital by $6.4m and cancelling an aggregate of 2.1 million shares. The exit offer price is $0.0305 per share. The exit offer price represents a 111.81% premium over the last traded price on 23 May, and premiums of 107.48%, 58.03%, and 55.61% over the one-, three- and six-month volume-weighted average prices, respectively, up to the last trading day. It also represents a discount of approximately 37.11% over the net asset value per share of $0.085 as of 31 December 2024. Plato Capital will hold an extraordinary general meeting (EGM) to obtain shareholders’ approval of the delisting, subject to the approval of at least 75% of the total number of issued shares. ### Related Stocks - [YYN.SG](https://longbridge.com/en/quote/YYN.SG.md) ## Related News & Research - [Fed's Warsh faces challenge whether inflation is a problem or not](https://longbridge.com/en/news/297162110.md) - [Why Jim Cramer sees CrowdStrike as a buy despite its incredible comeback rally](https://longbridge.com/en/news/297213627.md) - [How Foot Locker went from a sneakerhead destination to a store struggling to get rid of old shoes](https://longbridge.com/en/news/297208698.md) - [Nvidia Revenue Set to Increase 18X in 4 Years; Analyst Says 'Never in History' Has a Company Grown This Fast](https://longbridge.com/en/news/297126014.md) - [Alphabet Is a 'Top 2027 Stock Pick,' Says Wolfe Research Analyst. Here's Why](https://longbridge.com/en/news/297186957.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**