Hornby quits AIM for rival platform JP Jenkins
Hornby will this week become the latest firm to quit the London stock market after nearly four decades.
The model train maker will leave the junior Alternative Investment Market (AIM) on Thursday having listed its shares in London in 1986.
But big investors will still be able to buy and sell shares in Hornby as it joins JP Jenkins, a platform that gives pension funds, institutions and wealthy individuals access to unlisted firms.
Hornby will be the 20th company to join this year. English winemaker Gusbourne joined last month. Others include yacht maker GYG and fashion group Superdry.
Let the train take the strain: Hornby will leave the junior Alternative Investment Market having listed its shares in London in 1986
JP Jenkins is benefiting from a flow of firms leaving the London stock market to go private but still wanting their shares to be traded.
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