Greencore has said it will cancel its listing on the Dublin stock exchange on January 20 as its seeks a listing on the London FTSE UK index series.

The convenience food group said that the profile of its operations has changed in recent years from its Irish beginnings to one which now has the majority of its sales, operating profits and producing assets from or located in the UK.

It also said that most of its shares are now held by overseas investors.

‘Greecore’s board believes that FTSE UK index inclusion would result in a further increase in UK and international investor awareness of Greencore,’ the company said in statement today.

It said that from January 20, its ordinary shares listed on the London Stock Exchange will trade in sterling rather than in euro. As of December 2011, the reporting currency of Greencore was changed to sterling and dividends will be declared in sterling in the future.

Greencore said it expects to be included in the FTSE All-Share and FTSE Small-Cap indices from the start of business on March 19. This follows meetings of the FTSE Nationality Committee, which considers the qualifications of shares for eligibility, in February and the FTSE’s EMEA regional committee on March 7.

Earlier this month, Irish building materials group CRH joined London’s FTSE 100 index, along with the recently listed Russian steelmaker Evraz and the Russian precious metals miner Polymetal International. The company has its primary listing in London and a secondary listing in Dublin.