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AquaBounty Technologies to delist from LSE's AIM market

Intrexon Corp. unit AquaBounty Technologies Inc. applied to delist its shares from the London Stock Exchange's AIM market.

AquaBounty will also terminate its U.K. domestic depositary interest facility. The cancellation of admission to trading of AquaBounty's shares on the AIM follows the company's listing on the Nasdaq Capital Market in January.

AquaBounty said it applied for the delisting due to a small amount of trading in its shares on AIM. The company will continue to trade under the symbol AQB on Nasdaq.

The delisting is subject to shareholder approval. Trading on AIM is expected to cease at market close May 31, with the delisting to take place the following day.