StepStone has announced it is to withdraw from the London Stock Exchange, following the closure of its UK site.

The board of the holding company that runs the site, StepStone ASA, announced earlier this month that shares will not be available on the LSE from 12 December.

A statement blamed the ‘very limited trading volume’ on the London exchange for the move.

The development means investors must use the Oslo Stock Exchange to buy or sell StepStone shares.

The recent upheavals at StepStone meant shares in the e-cruiter had changed hands on the LSE in recent weeks - prior to that, no one had bought or sold the stock for several months.