Beleaguered luxury goods firm Waterford Wedgwood has delisted from the London Stock Exchange.
The move, which was announced by the company on November 17th, will have a "negligible effect on shareholders", Waterford said this morning.
Waterford will continue to have its primary listing on the Irish Stock Exchange.
The company was granted a one-week reprieve by lenders until December 19th for forbearance on a review of its banking covenants after it failed to make an €8.2 million bond payment over a fortnight ago.
In a statement last week Waterford said it was in ongoing discussions "with an interested institutional investor".
Waterford Wedgwood shares were unchanged in Dublin this afternoon at .001 cent giving the company a market capitalisation of €85 million. The company's shares have fallen 95 per cent over the last 12 months.
