Brief: Swiss Steel Holding Announces Intended Voluntary Delisting From Swiss Stock Exchange

Swiss Steel Holding AG

24/01/2025 06:02

Jan 24 (Reuters) - Swiss Steel Holding AG  STLN.S :
    * ANNOUNCES THE INTENDED VOLUNTARY DELISTING FROM THE SWISS
STOCK
EXCHANGE
    * GIVEN COMPANY'S SMALL FREE FLOAT, SWISS STEEL HOLDING AG
PLANS
TO APPLY FOR AN OFF-EXCHANGE TRADING OPPORTUNITY FOR COMPANY'S
SHARES
    * VOLUNTARY DELISTING WILL ALLOW SWISS STEEL HOLDING AG TO
ALLOCATE RESOURCES MORE EFFECTIVELY TOWARD RESTRUCTURING AND
OPERATIONAL IMPROVEMENTS
    * DECISION IS NOT INFLUENCED BY SHORT-TERM EXTERNAL FACTORS
OR
ECONOMIC SITUATION

Source text:  ID:nEQ6dzMZ1a 
Further company coverage:  STLN.S 

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