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.
Hydro is a global aluminium company with production, sales and trading activities throughout the value chain, from bauxite, alumina and energy generation to the production of primary aluminium and rolled products as well as recycling. Based in Norway, the company has around 35,000 employees involved in activities in more than 40 countries on all continents. Rooted in more than a century of experience in renewable energy production, technology development and progressive partnerships, Hydro is committed to strengthening the viability of the customers and communities we serve.