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Under Aim rules for companies, the mortgage intermediary is required to announce its interim results for the six months ended 30 June 2008 by 30 September 2008.

Prestbury has advised Aim it will not be able to release its interim results by the required date. As a result, dealings in the company's ordinary shares on the Aim market have been suspended with effect from 7.30am this morning (10 September).

The announcement follows a troubled period for Prestbury after shareholders from the Arlington Special Situations fund and Armadillo Investments called for an extraordinary general meeting to consider the removal of Lee Birkett, chief executive of Prestbury, Lynne Birkett, finance director of Prestbury and Birkett's mother in August.

The financial services company said that 40.84 per cent shareholders voted in favour of the resolution while 59.16 per cent voted against it.