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Norsk Hydro hereby announces the intended cancellation of its standard listing of ordinary shares of nominal value NOK 1.098 each on the official list of the UK Listing Authority (UKLA) and the cancellation of the admission to trading of the Shares on the main market of the London Stock Exchange (LSE). Over recent years, there …
Norsk Hydro hereby announces the intended cancellation of its standard listing of ordinary shares of nominal value NOK 1.098 each on the official list of the UK Listing Authority (UKLA) and the cancellation of the admission to trading of the Shares on the main market of the London Stock Exchange (LSE).
Over recent years, there has been a limited amount of trading in the Hydro-shares on the LSE. Taking this into account, together with the cost of maintaining the listing, the decision has been made to de-list the shares from the Official List and the LSE. Following the cancellation of the listing, shareholders will still be able to trade Hydro’s shares on the Oslo Stock Exchange.
The application to the UKLA for the removal of the Shares from the Official List, and to the LSE for the removal of the Hydro-shares from trading, was made on 27 September 2017, to take effect from 8.00 a.m. on 1 November 2017. The last day of trading in the Hydro-shares on the LSE is expected to be 31 October 2017.
Click here to read the full text release.
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