REG-International Business Machines Corp: Intention to Delist From the London Stock Exchange

International Business MachinesAnnouncement

04/10/2024 08:00

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

THIS ANNOUNCMENT CONTAINS INSIDE INFORMATION

4 October 2024 

International Business Machines Corporation

NOTICE OF INTENTION TO DELIST FROM THE LONDON STOCK EXCHANGE

International Business Machines Corporation (the "Company") refers to the
Company's shares (ISIN: US4592001014) (the "Shares") which are admitted to
listing on the equity shares international commercial companies secondary
listing segment of the Official List of the Financial Conduct Authority (the
"FCA") and to trading on the main market for listed securities of the London
Stock Exchange (the "LSE").

The Company hereby gives notice that, in an effort to streamline and simplify
processes and increase administrative efficiencies, it has been requested that
(i) the FCA cancel the listing of the Company's Shares on the equity shares
international commercial companies secondary listing segment of the Official
List of the FCA, and (ii) the LSE cancel the admission to trading of the
Company's Shares on the main market for listed securities of the LSE
(collectively, the "Delisting").

In accordance with UK Listing Rule 21.2.17R, the Company is required to give
at least 20 business days' notice of the intended Delisting. Accordingly, it
is intended that the Delisting will become effective from 8:00 a.m. 6 November
2024, such that the last date of trading of its Shares on the LSE will be 5
November 2024.

As the Company is assigned to the equity shares international commercial
companies secondary listing segment of the Official List, no shareholder
approval is required for the Delisting.  

Following the Delisting, (i) it will no longer be possible to trade Shares on
the LSE, and (ii) the Company will maintain the primary listing of its Shares
of the New York Stock Exchange.

Any shareholder that has any questions in relation to the Delisting is
recommended to consult their investment adviser or broker.

Media Contact:

Tim Davidson

+1 (914) 844-7847

tfdavids@us.ibm.com

ENDS

Inside information

The information contained within this announcement is deemed by International
Business Machines Corporation to constitute inside information as stipulated
under the Market Abuse Regulation (EU) No.596/2014 (as it forms part of UK
domestic law by virtue of the European Union (Withdrawal) Act 2018). On the
publication of this announcement via a Regulatory Information Service, such
information is now considered to be in the public domain.

For the purposes of MAR, this announcement is being made on behalf of
International Business Machines Corporation by Jane P. Edwards, Vice
President, Assistant General Counsel and Secretary.

Important Notice

This announcement is not intended to, and does not, constitute or form part of
any offer, invitation or the solicitation of an offer to purchase, otherwise
acquire, subscribe for, sell or otherwise dispose of, any securities whether
pursuant to this announcement or otherwise.

Overseas jurisdictions

The distribution of this announcement in jurisdictions outside the United
Kingdom may be restricted by law and therefore persons into whose possession
this announcement comes should inform themselves about, and observe, such
restrictions. Any failure to comply with the restrictions may constitute a
violation of the securities law of any such jurisdiction.



Copyright (c) 2024 PR Newswire Association,LLC. All Rights Reserved