United States

Aluminium maker Norsk Hydro aims to delist from London Stock Exchange

Tuesday, 3 Oct 2017 02:07am EDT 

Oct 3 (Reuters) - Norsk Hydro Asa :Notice of request for cancellation of listing on the official list of the UK listing authority and of trading on the London Stock Exchange.Hereby announces intended cancellation of its standard listing of ordinary shares of nominal value nok 1.098 each on official list of uk listing authority.Over recent years, there has been a limited amount of trading in hydro shares on LSE.Taking this into account, together with cost of maintaining listing, decision has been made to de-list shares from official list and LSE.Following cancellation of listing, shareholders will still be able to trade hydro's shares on oslo stock exchange.Last day of trading in Hydro shares on LSE is expected to be 31 october 2017.