Greek industrials firm Mytilineos has proposed plans for a secondary listing on the London Stock Exchange in a rare boost for the City.
Athens-listed Mytilineos confirmed on Thursday that plans were being drawn up for the move within the next 12 to 18 months.
The listing in Athens would be retained as part of this, with the plan being mulled under a “comprehensive strategic review,” according to Mytilineos.
This comes as London has faced an exodus of companies leaving the City, including Tui recently, alongside CRH PLC and Flutter Entertainment PLC moving primary listings.
Metallurgy, energy and engineering-focused Mytilineos has previously been involved in infrastructure projects in the UK, spanning solar farms and power lines.
Mytilineos has a market capitalisation of almost €5.3 billion (£4.5 billion).