Gulf Finance House to delist from London Exchange

Bahrain-headquartered Gulf Finance House (GFH) will delist its global depository receipts from the London Stock Exchange (LSE), the company announced Sunday.

“After careful deliberations and given that there has been virtually no activity in the Bank’s GDR on LSE, GFH’s Board of Directors has decided that terminating the programme is in the best interests of the Bank,” wrote Nabeel Mirza, GFH Compliance Director, in a letter to the Dubai Financial Market.

Gulf Finance House shares have been listed on the LSE since 2007. It’s shares are also listed in Kuwait, Bahrain, and Dubai.