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Kingspan EGM approves move to delist from London Stock Exchange

98.43% of Kingspan's shareholders voted in favour of the move to delist from the London Stock Exchange today
98.43% of Kingspan's shareholders voted in favour of the move to delist from the London Stock Exchange today

Kingspan shareholders have today approved the move to cancel the company's listing on the London Stock Exchange.

98.43% of the Co Cavan-based company's shareholders voted in favour of the move at its EGM today.

In April, Kingspan said its board had reviewed its listing arrangements and noted that current share trading on the London Stock Exchange was "negligible" as a percentage of total trading.

The expected last day of trade for Kingspan shares in London will be Thursday August 17, it added.

The company said it remain committed to its primary listing on the main market of Euronext Dublin, where the majority of share trading takes place.