Glenveagh to delist from London Stock Exchange next month

Homebuilder will continue to have its primary listing on the regulated market of Euronext Dublin

 Conor Murtagh Chief Financial Officer at Glenveagh Properties PLC and Stephen Garvey, Chief Executive. The company will delist from London next month. Photo Chris Bellew / Fennell Photography.

Irish homebuilder Glenveagh has announced it will delist from London's stock exchange next month, becoming the latest high profile exit from the city.

In a statement, the developer announced its intention to delist its ordinary shares from the London Stock Exchange with effect from 8am on Monday November 30. Following the LSE Delisting, the Company will continue to have its primary listing on the regulated market of Euronext Dublin.

"The Company has undertaken a review of its listing structures pursuant to which it has carefully considered, among other things, the level of trading activity in its shares on the LSE as well as the additional cost, and regulatory and administrative obligations arising from retaining the LSE listing," a statement from Glenveagh said. "Following the review, the Company has concluded that it is in the best interests of the Company and its shareholders to proceed with the LSE Delisting.

"The Company has requested the UK Financial Conduct Authority to cancel the listing of its ordinary shares on the Official List of the FCA, and to request the LSE to cancel the admission to trading of those ordinary shares on the main market for listed securities of the LSE."

Last month, Glenveagh said it expects to complete 2,900 homes in Ireland this year after raising upwards its target. All 2,900 homes which will be finished this year are already sold, contracted, or reserved, the company said.

The company announced group revenues of €239.7m for the first half of 2026. 

Bank of Ireland and Flutter also announced and completed delisting from the London Stock Exchange this year.