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Stepstone ditches UK listing

See those shares spiral...

By Kate Hanaghan

Published: 13 November 2001 16:00 GMT

Norwegian online recruitment service Stepstone is to ditch its UK listing as trading in the company's shares dwindles.

The company's board, which closed down offices in 10 countries including the UK earlier this month, said that current trading volume in shares means that a listing on the Official List is no longer necessary. However, shares will continue to trade on the Oslo Exchange.

This afternoon, Stepstone was down 12.5 per cent to four pence. The company will de-list on 12 December.

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