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26 June 2025 23:03:14
- Source: Sharecast
UPDATED: NOTICE OF INTENTION TO DELIST GDRS
ACER INCORPORATED
NOTICE OF INTENTION TO DELIST ITS GLOBAL DEPOSITARY RECEIPTS AND GLOBAL DEPOSITARY SHARES AND TO TERMINATE THE DEPOSIT AGREEMENTS
Further to the announcement made on 18 June 2025, Acer Incorporated ("Company") confirms that it has notified to the UK Financial Conduct Authority ("FCA") and the London Stock Exchange ("LSE") to effect a cancellation of the listing of its global depositary receipts from the Official List of the FCA and from trading on the Professional Securities Market of the LSE ("Delisting").
It is anticipated that, in accordance with Listing Rule 21.2.17R, the Delisting will be effective at 8:00 a.m. on 17 July 2025, such that the last date of trading of the London GDRs on the LSE will be 16 July 2025.
The deposit agreement dated 27 March 2002, entered into by Acer Incorporated, Citibank, N.A., and the holders and beneficial owners of the Rule 144A and International Depositary Receipts issued thereunder, will be terminated on 17 July 2025.
Following the Delisting, the Company will cease to be subject to the applicable regulatory and statutory requirements in the UK.
All other details provided in the 18 June 2025 announcement remain unchanged.
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