Electrolux applies for delisting from the London Stock Exchange

The Board of Directors of AB Electrolux has decided to apply for delisting from the London Stock Exchange, LSE. The Electrolux B-share has been listed on the LSE since 1928. The LSE listing has been a part in a strategy to increase international ownership in Electrolux. However, this listing is no longer deemed necessary due to deregulation of international capital markets and the increased foreign ownership of shares on OMX Nasdaq Stockholm. In recent years, trading of Electrolux shares on the LSE has been limited. Electrolux has also exited its other international listings in recent years, including those of Paris, Zürich and Geneva as well as New York’s Nasdaq. It is expected that the delisting will become effective during the first quarter 2010.