The West

Cash Converters has boosted its full-year profit by 33.8 per cent to $21.6m.
Cash Converters has boosted its full-year profit by 33.8 per cent to $21.6m.

Cash Converters has moved to cancel its listing on the London Stock Exchange to cut costs.

The company said it believed its ASX listing provided adequately for capital requirements and gave all shareholders a trading forum with reasonable liquidity and all necessary protections.

"The additional listing on the London Stock Exchange duplicates costs but does not deliver a significant benefit given the make up of the UK share register and the low trading volume," the company said.

Cash Converters expects its LSE shares to be delisted on February 19.

ASX-listed Cash Converters shares were off 4.5 cents, or 3.72 per cent, to $1.165 at 8.55am.

The West Australian

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