Frontline Ltd to Delist from London Stock Exchange

John Fredriksen’s oil tanker shipping company Frontline Ltd. has requested the UK Listing Authority to delist the company from London Stock Exchange with effect from the opening of the market on November 2, 2015.

Frontline has asked the UKLA to cancel the listing of all of its ordinary shares of USD 1 each listed on the standard listing segment of the official list of the UKLA and admitted to trading on London Stock Exchange’s main market for listed securities.

The company believes that, given the limited liquidity of the ordinary shares, the costs and administrative burden of maintaining the listing on the official list and admission to trading on the main market are disproportionate to the benefits thereof.

Accordingly, the last day of dealings in the company’s ordinary shares on the main market will be October 30, 2015.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >