MANAMA: Bahrain-based Gulf Finance House (GFH) in a statement said that it had decided to terminate its Global Depository Receipt (GDR) Programme and has initiated the procedures to delist the GDR from the London Stock Exchange (LSE).
“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.
GFH will continue to remain listed on the Bahrain Bourse, Dubai Financial Markets and Kuwait Stock Exchanges,” the bank in a statement said.