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Business / Qatar Business

Ooredoo announces closure of GDR delisting from London Stock Exchange

Published: 18 Sep 2017 - 01:04 pm | Last Updated: 05 Nov 2021 - 09:19 pm
Ooredoo HQ Doha.

Ooredoo HQ Doha.

The Peninsula

Ooredoo has announced that the delisting process of Ooredoo GDR (Global Depositary Receipt) from the London Stock Exchange has now closed, effective from 31 August, 2017. 

The primary reason for the delisting was that international investors are now easily able to purchase Ooredoo securities on the Qatar Exchange, the company said in a Qatar Stock exchange (QSE) regulatory filing.

Ooredoo GDR was admitted to trading on the London Stock Exchange on July 1999.