Delisting of GDR from the LuxembourgStockExchange

Source: RNS
RNS Number : 6983N
Samsung Electronics Co. Ld
26 November 2024
 

 

Samsung Electronics Co., Ltd.

Global Depositary Receipts (ISIN US7960502018)

Delisting of Global Depositary Receipts from the Luxembourg Stock Exchange

 

26th November 2024 - Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) (the "Issuer") hereby gives notice that the Luxembourg Stock Exchange (the "LuxSE") has granted the Issuer's request for the withdrawal from the official list of the LuxSE of the global depositary receipts having ISIN US7960502018 (the "GDRs") which are currently listed and admitted to trading on the LuxSE.

 

The Issuer intends to apply to have the GDRs admitted to listing on the 'certificates representing certain securities (depositary receipts)' category of the UK Financial Conduct Authority's Official List and to trading on the Main Market of the London Stock Exchange (the "LSE Admission").

 

The GDRs shall therefore be withdrawn from the official list of the LuxSE and from trading on the regulated market of the LuxSE with effect as at the trading day immediately preceding the first day of trading of the GDRs on the Main Market of the LSE. If the effective date of the LSE Admission does not occur prior to close of trading on 31 March 2025, the effective date of the delisting of the GDRs on the LuxSE shall nonetheless take place no later than 31 March 2025.

Should the effective date of the LSE Admission occur prior to 31 March 2025, the Issuer shall make another publication to announce the precise date of the effective delisting of the GDRs from the LuxSE.

If you need any further information, please do not hesitate to contact IR by mail at ircontactus@samsung.com.

 

Contact:

Sang-Beom Hong

Legal Counsel

Samsung-ro 129 (Maetan-dong), Yeongtong-gu, Suwon-si, Gyeonggi-do 16677 Korea

ircontactus@samsung.com

 

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