Greece-based energy group Metlen MYTr.AT has applied for a second listing on the London Stock Exchange, seeking to strengthen its presence in international markets, two sources with knowledge of the matter told Reuters on Monday.

Metlen’s shares trade on the Athens Stock Exchange.

The Greek group, which is expanding fast through acquisitions in the energy sector, has a market capitalisation of 4.9 billion euros ($5.15 billion).

“Their aim is also to be included in FTSE 100,” one of the sources said.

Metlen is bucking the trend of companies leaving the London market since Britain quit the European Union, with travel group TUI TUI1n.DE among those to have moved their primary listings elsewhere.
Source: Reuters (Reporting by Lefteris Papadimas, Editing by David Goodman)