REG - Telstra Corp. Ld - TLS Delisting from the Main Board of NZX Limited

TelstraAnnouncement

26/03/2021 07:00

RNS Number : 5711T
  
Telstra Corporation Ld
  
26 March 2021
  
 

 
 




26 March 2021
 
 
 
The Manager
 
RNS


Office of the Company Secretary
 
Level 41
242 Exhibition Street
MELBOURNE VIC 3000 AUSTRALIA
 
General Enquiries   03 8647 4838
Facsimile 03 9650 0989
companysecretary@team.telstra.com
 
Investor Relations
Tel:  1800 880 679
investor.relations@team.telstra.com




  
Dear Sir or Madam
 
ELECTRONIC LODGEMENT
 
Telstra Corporation Limited - Delisting from the Main Board of NZX Limited and letter to Shareholders
 
The Telstra Board has resolved to delist from the Main Board of NZX Limited ("NZX"), and move to a sole listing on the Australian Securities Exchange ("ASX"). NZ RegCo has approved the delisting, subject to Telstra meeting certain conditions.
 
The trading of Telstra shares on NZX will cease at the close of business on Wednesday 16 June 2021. NZX shares will be transferred to the ASX, and there will be no NZX trading, on Thursday 17 June and Friday 18 June 2021. Telstra will be delisted from NZX from the close of business on Friday 18 June 2021. The sole listing on the ASX will commence at the opening of the next trading day on Monday 21 June 2021.
 
Telstra is looking to simplify its administration and streamline its shareholder services. Telstra shareholders on the New Zealand register have been reducing over time and, given the accessibility of the ASX to New Zealand-based shareholders, Telstra considers that delisting is an appropriate step. Delisting from NZX and moving to a single listing on the ASX will progress these goals and we believe this is in the best interests of shareholders and the company.
 
Shareholders who hold Telstra shares on NZX will automatically be transferred to the ASX and no action is required from shareholders to facilitate this process. New Zealand shareholders will still be able to trade Telstra shares through any New Zealand stockbroker who can facilitate trading through the ASX, or by dealing through an Australian stockbroker.
 
Telstra will shortly send the attached letter to NZX registered shareholders outlining the delisting process.
 
Authorised for lodgement by: 
Sue Laver
Company Secretary
 
 
Telstra Corporation Limited
ACN 051 775 556
ABN 33 051 775  556
 
 
 Click on, or paste the following link into your web browser, to view the associated PDF document:

 http://www.rns-pdf.londonstockexchange.com/rns/5711T_1-2021-3-26.pdf
 
 
 

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