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The managing board of Siemens AG has resolved to delist the ordinary shares of Siemens from the London Stock Exchange (LSE) and the Swiss Stock Exchange (SIX Swiss Exchange AG/SIX).
Recently, trading in Siemens shares has been effected primarily in Germany via electronic trading platforms (OTC - over the counter).
Siemens in a media statement said that the trading volume of shares on the LSE and SIX is comparatively low. In 2013, the trading volume was less than three per cent in London and less than one per cent in SIX of the worldwide trading volume.
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