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Ericsson’s series of B shares has been delisted from the London Stock Exchange (LSE), effective of today, after decision from the Financial Services Authority (FSA).

Following the delisting, all trading in the Ericsson series B shares is concentrated to OMX Nordic Exchange Stockholm and Nasdaq.

The Ericsson series B shares have been listed on the LSE since 1960. In recent years, trading in the company’s series B shares on the LSE has corresponded to less than 1 percent of the total trade in the company’s series B shares, which in Ericsson’s view does not justify the costs of maintaining the listing.

The delisting refers to Telefonaktiebolaget LM Ericsson series B shares of SEK1.00 each in the capital of the Company.

Ericsson