REG - Samsung Electronics - Delisting of GDR from the LuxembourgStockExchange

Samsung Electronics CoAnnouncement

26/11/2024 10:15

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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

 

26(th) 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The GDRs shall therefore be withdrawn from the official list of the LuxSE and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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