Aegon to delist from LSE

clock

Aegon is to delist from the London Stock Exchange (LSE) next month as the benefit does not justify the cost, the insurer has announced.

It said it would cancel its listing and its admission on the LSA as of 29 June. A statement said the firm would delist its shares in London as the volume traded on the LSE is "negligible" and does not justify the related expenses. Aegon shares will continue to be listed on Euronext Amsterdam and the New York Stock Exchange.

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Insurer

'Fragmented and barely functioning' PI market is biggest threat to advisers - Beaufort chairman

Excesses up five-fold

Sophie King
clock 19 December 2019 • 1 min read

Scottish Widows commits to PDG Claims Charter

Also signs Funeral Payment Pledge

Katie Crook-Davies
clock 08 May 2019 • 1 min read

UK mutuals generate more than £130bn income annually

'Touch lives of one in three'

Adam Saville
clock 07 May 2019 • 2 min read