Monday 20 April 2015

Gulf Finance House to delist Global Depository Receipt from London Stock Exchange | GulfNews.com

Gulf Finance House to delist Global Depository Receipt from London Stock Exchange | GulfNews.com:



"Gulf Finance House said on Sunday it has decided to terminate its Global Depository Receipt (GDR) Programme and has initiated the procedures to delist the GDR from the London Stock Exchange (LSE).



“After careful deliberations and given that there has been virtually no activity in the Bank’s GDR on the LSE, GFH’s Board of Directors has decided that terminating the programme is in the best interests of the Bank,” it said in a statement.



GFH will continue to remain listed on the Bahrain Bourse, Dubai Financial Markets (DFM) and Kuwait Stock Exchanges."



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