shares in circle property dropped wednesday after the company said it will delist from londons aim market on may 31 and that the return of capital to shareholders after cancellation will be modest shares at 0752 gmt were down 60 pence or 60 at 40 pence the office investment and development company said maintaining admission would require significant management time legal and regulatory obligations and comes with material financial costs disproportionate to the benefits the cash position as of wednesday stands at 32 million pounds 40 million it said a final return of capitalexpected to be no more than gbp11 million or 4 pence an ordinary sharewill be made to shareholders following cancellation the final return of capital through a b share issue will be made in september subject to timing of receipt of a vat refund and after accounting for termination costs following cancellation and the final return of capital management intends to liquidate the company solvently as soon as possible