The decision follows shareholder backing at the company’s latest General Meeting with only 1.5% voting against the move.
Delisting follows a turbulent two years since the Eseex based contractor floated.
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The company made its Stock Exchange debut at 89p in March 2015.
But a series of profit warnings and board room power struggles saw the share price reach a low of 25p and it currently stands at 46p.
Lakehouse said a move to AIM would allow it “greater flexibility and certainty with regard to taking strategic actions, including potential future corporate transactions.”
The move will take place on May 11.
