DCC to move stock listing to London following review

DCC is moving its stock listing to London and cancelling its membership of the Irish Stock Exchange following a review.

The company said the decision to transfer to London was based on the increasing “internationalisation” of its business. Its shareholder base is becoming increasingly concentrated in the US and the UK.

The company said “the board believes [UK listing] is likely to increase awareness of DCC among the international investor community”.