Trapoil shares drop after relinquishing licences

Trapoil shares fell 12.32 per cent to 15.12p Wednesday after the company said it had to relinquish some licences due to the current industry environment.

Trapoil shares fell 12.32 per cent to 15.12p Wednesday after the company said it had to relinquish some licences due to the current industry environment.

The group said it had renounced licences including Inverewe, Lytham and Sienna as it had been unable to move them forward enough.

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