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Indus Gas Ltd - Guernsey-registered oil and gas explorer, developer and producer in Rajasthan, India - Debuts on the JP Jenkins share dealing platform on Monday after its shares were cancelled from AIM on Friday. London-based JP Jenkins provides a matched bargain platform for unlisted companies. Indus Gas had been listed on AIM since 2008 but in December called a general meeting of shareholders for earlier this month to approve its delisting. Indus blamed a ‘lack of access to capital’ and noted it has a limited free float, resulting in low liquidity. Gynia Holdings Ltd, which owns just under an 83% stake in Indus, supported the move. It starts on JP Jenkins with 183.0 million shares in issue and a £2.5 million market capitalisation.
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