Rockwood Strategic to Apply to Be Admitted to London's Main Market

By Kyle Morris


Rockwood Strategic PLC said Thursday that it plans to apply to be admitted to the main market of the London Stock Exchange as it believes it will increase its tax efficiency and widen investor appeal.

The company said that it wants to convert itself into an investment trust and as such it needs to be admitted to the official list.

It expects that shares will start trading on the main market on or around Sept. 28.


Write to Kyle Morris at kyle.morris@dowjones.com


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