Published by Global Banking & Finance Review®
Posted on December 16, 2024
1 min readLast updated: January 27, 2026
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Metlen, a Greek energy group, applies for a London Stock Exchange listing to expand its international market presence and aims for FTSE 100 inclusion.
ATHENS (Reuters) - Greece-based energy group Metlen has applied for a second listing on the London Stock Exchange, seeking to strengthen its presence in international markets, two sources with knowledge of the matter told Reuters on Monday.
Metlen's shares trade on the Athens Stock Exchange.
The Greek group, which is expanding fast through acquisitions in the energy sector, has a market capitalisation of 4.9 billion euros ($5.15 billion).
“Their aim is also to be included in FTSE 100,” one of the sources said.
Metlen is bucking the trend of companies leaving the London market since Britain quit the European Union, with travel group TUI among those to have moved their primary listings elsewhere.
($1 = 0.9510 euros)
(Reporting by Lefteris Papadimas; Editing by David Goodman)
The main topic is Metlen's application for a second listing on the London Stock Exchange to enhance its international market presence.
Metlen aims to strengthen its presence in international markets and seeks inclusion in the FTSE 100 index.
Metlen has a market capitalization of 4.9 billion euros.
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