INA No Longer Trading on London Stock Exchange
- by croatiaweek
- in Business
A lack of interest in share trading in Croatian oil and gas company INA has seen its cancellation on the London Stock Exchange…
INA, whose biggest shareholders are the Hungarian MOL Group and the Croatian Government, said in a statement that trading in the stock on the LSE was cancelled on Tuesday after the company’s management decided last year that they would cancel the Standard Listing of INA’s Global Depositary Receipt (GDR) on the Official List maintained by the UK Listing Authority due to the fact the outstanding GDRs had decreased to just 181 from 450,000.
INA’s Global Depositary Receipts were first listed on the London Stock Exchange close to a decade ago in 2006.
