BT CONFIRMS DELISTING FROM NEW YORK STOCK EXCHANGESource: RNS
13 September 2019
BT CONFIRMS DELISTING FROM NEW YORK STOCK EXCHANGE
In line with its announcement on 14 August 2019, BT Group plc (BT) hereby confirms that its American Depositary Shares (ADSs) will be delisted from the New York Stock Exchange (NYSE) following the close of the market in New York today, from which time BT's ADSs will no longer be traded on the NYSE.
BT will continue to positively engage with US equity and debt investors, and remains committed to its customers operating in the US.
Additional information for American Depositary Receipt (ADR) holders
BT has not arranged for the listing or registration of the ADSs on another US national securities exchange or for their quotation in a quotation medium in the United States. On 14 August 2019, BT directed JPMorgan Chase Bank N.A. (JPMorgan) to terminate BT's ADR programme and consequently, and in accordance with the deposit agreement, JPMorgan has provided a notice of termination to all registered ADR holders containing relevant information for ADR holders regarding required actions.
For further information
Mark Lidiard Tel: +44 20 7356 4909
Tom Engel Tel: +44 20 7356 5369
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BT's purpose is to use the power of communications to make a better world. It is one of the world's leading providers of communications services and solutions, serving customers in 180 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband, TV and internet products and services; and converged fixed-mobile products and services. BT consists of four customer-facing units: Consumer, Enterprise, Global and Openreach.
For the year ended 31 March 2019, BT Group's reported revenue was £23,428m with reported profit before taxation of £2,666m.
For more information, visit www.btplc.com
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