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10 Mar 2022 15:07
IN BRIEF: Ferguson set to exit FTSE 100 as US primary listing approved
Ferguson PLC - Wokingham, Berkshire-based plumbing and heating products supplier - Shareholders at general meeting approve plan to move primary listing to New York Stock Exchange, keeping only a standard listing on the London Stock Exchange. Of the votes cast, 95.5% are in favour. Ferguson has had an additional US listing since March of last year. "Ferguson's operations are 100% North American, and the board believes the US is the natural long-term primary listing location for the company," says Chair Geoff Drabble.
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