Uniq officially moved from the main market to the Alternative Investment Market this morning.

The move follows the suspension of the food manufacturer’s shares two weeks ago following a proposed restructuring of the company.

Uniq shareholders have already backed a plan to hand 90% of the company’s shares to the trustees of its pension scheme to ease its £436m deficit.

"We are delighted to have completed our admission to the AIM market, which marks the final stage in the implementation of our proposed pension solution,” said CEO Geoff Eaton.

"We now look forward to focusing management efforts on the future profitable growth of the company." 

Read more
Uniq shareholders give blessing to pension scheme handover (25 February 2011)
Uniq pension plan gets sign-off from regulator (10 February 2011)
Uniq reviews desserts business after £10m sales setback (20 January 2011)