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REG - Lite-On Technology Lite-On Technology. - Delisting of LITE-ON GDRs from LSE





 




RNS Number : 0118G
Lite-On Technology Corp.
01 November 2018
 

Delisting of LITE-ON GDRs from London Stock Exchange

 

Lite-On Technology Corp. ("LITE-ON" or the "Company"), an information technology company, submitted below report to the Taiwan Stock Exchange ("TWSE") through the market observation post system ("MOPS") on October 30, 2018.

 

Till October 15, 2018, the outstanding GDR issued by LITE-ON on the London Stock Exchange were 817,978 units (representing 8,179,928 common shares). In order to lower the relevant management costs, the Board of Directors resolved to terminate the GDR program and deposit agreement.

 

In addition and further to the announcement on October 30, 2018, providing notification that the specific date of cancellation of the listing of the Company's Global Depositary Receipts ("GDRs") on the Official List of the Financial Conduct Authority and their admission to trading on the London Stock Exchange will be January 31, 2019.

 

The securities to which the cancellation of listing and trading will relate are the Regulation S and Rule 144A GDRs (ISIN Code: US5367593010 for Reg S, and US5367594000 for 144a).

 

Contact information

 

LITE-ON

Investor Relations     Tel: 886-2-87982888    Email: LITEONTech.IR@liteon.com

Public Relations         Tel: 886-2-87982888    Email: LITEONTech.PR@liteon.com

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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