Plus Markets Group, which operated the UK's junior stock market until its sale earlier this year, has presented its shareholders with a new investment proposal that could offer them a chance to recoup some of their cash.

The junior exchange operator went through a breakup and fire-sale of its assets in June after failing to find a buyer for the group as a whole. Under the new proposal, it would use its shell listing as a vehicle for acquisitions, initially in the natural resources sector, according to a statement released to the London Stock Exchange yesterday.