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ABB COMPLETES DELISTING OF SHARES FROM LONDON STOCK EXCHANGE
05 September 2005 - ABB (Power Technologies)
| ABB announced on August 4, 2005 it would delist its shares from the London and Frankfurt stock exchanges because the average daily trading volume there had become insignificant over the past three years. |
ABB announced on August 4, 2005 it would delist its shares from the London and Frankfurt stock exchanges because the average daily trading volume there had become insignificant over the past three years. The listing of the following securities (ordinary shares with a par value of CHF 2.50 each fully paid with ISIN number CH0012221716) had been canceled from trading on the London Sock Exchange with immediate effect. ABB expects to finalize the process of delisting its shares from the Frankfurt Stock Exchange by the end of 2005. ABB shares will continue to be listed on the SWX Swiss Exchange (traded on virt-x), the Stockholm Stock Exchange and New York Stock Exchange.
http://abb.com/uk
About: ABB (Power Technologies)
ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impacts. ABB in the UK operates from more than 20 locations nationally and employs around 2,500 people. The ABB Group of companies operates in around 100 countries and employs about 105,000 people.Power Technologies
The Power Technologies division serves industrial and commercial customers, as well as electric, gas and water utilities, with a broad range of products, services and solutions for power transmission and distribution. The portfolio includes transformers, switchgear, breakers, capacitors and cables, as well as high- and medium-voltage applications, many of which are also sold through external channel partners like distributors, system integrators, contractors and original equipment manufacturers. Automation Technologies
The Automation Technologies division serves the automotive, building, chemicals, consumer, electronics, life sciences, manufacturing, marine, metals, minerals, paper, petroleum, transportation, turbocharging and utility industries. Key technologies include control, drives, enterprise software, instrumentation, low-voltage products, motors, robots and turbochargers. These offerings are supported by field maintenance and asset management services, and are sold both directly and through channel partners.
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