ECONOMY

Metdist leaves London and moves to Cyprus

Metdist Ltd, the third-largest shareholder of the London Metal Exchange, has moved to Cyprus.

The change of address was announced by the LME in a member notice on Tuesday.

Metdist was registered in London in December, according to a filing with UK?s Companies House.

Metdist owns 1.21 million shares of LME, which has agreed to be acquired by Hong Kong Exchanges