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HEALTHCARE SERVICES COMPANY United Drug is considering de-listing its shares from the Irish Stock Exchange, it was revealed this morning.
In its interim management statement, the board said it is currently reviewing its listing arrangements as a result of significant growth in global operations and the “substantial presence of international investors on the share register”.
The Irish-based company employs 4,500 people worldwide and operates in five international markets.
The drugs distributor believes an inclusion on the FTSE UK would be beneficial as it would further increase investor awareness of United Drug. If the shares were listed solely on the London Stock Exchange, then the company should be eligible for the FTSE UK Index Series.
The board said it is exploring the possibility of de-listing from the ISE and a further announcement would be made “as appropriate”.
If it goes ahead with the de-listing, it would be another major name lost after Greencore and Balmoral International removed their shares last year. Cement giant Readymix is also considering de-listing.
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The old back door exit what a way to go !
Should send it to may as reminder that he won’t forget the starvation of our people
@marty johnbann: yea because she caused it
@marty johnbann: well said marty
What potato famine? Do you mean the British Genocide of the Irish people? This is established fact and calling the famine is pure ignorance
@Rúairí O’ Sullivan:
There is always one…
Should it not read 19th century? Given the famine occurred in the 19th century??
@Bruce van der Gutschmitzer: Don’t be so pedantic.
@Bruce van der Gutschmitzer: it could have been made in the 18th.
They should have used it todayfpr the wedding…
I find this to be offensive. We should bury this dark period of our history forever
@Philip Murphy: Burying our history, that would be an affront to all who died!
‘Bring out your dead’ was the cry.
Where are they from – Clonakilty (God Help Us)
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