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Mothercare moves to junior stock market Mothercare has moved from The London Stock Exchange to its junior AIM market, as part of its ongoing restructuring plans. On 5 November 2019, Mothercare appointed Zelf Hussain, Toby Banfield, and David Baxendale of PWC as administrators for Mothercare UK and Mothercare Business Services (MBS), which is responsible for Mothercare UK’s back-office functions, including finance, HR, property and IT. Mothercare’s UK business was subsequently wound down in February 2020, resulting in 79 store closures and 2,500 redundancies. The group is now dominated by its international franchising operations. Clive Whiley, chairman of Mothercare, said: The admission to AIM marks the conclusion of this final phase of the refinancing and restructuring of Mothercare. This period of hard work, effort and forbearance by our staff and stakeholders has paid off, and Mothercare can look forward to a brighter and stable future once more. ....