WESTPAC BANKING CORPORATION NOTIFIES NYSE OF INTENTION TO DELIST AMERICAN DEPOSITARY SHARES
NEW YORK—Westpac Banking Corporation (NYSE: WBK) (“Westpac,” “we” or the
“Company”) announced today that it notified The New York Stock Exchange (the
“NYSE”) of its intent to voluntarily delist its American depositary shares, each
representing the right to receive one ordinary share of the Company (the “ADSs”), from
the NYSE. The Company intends to file a Form 25 with the Securities and Exchange
Commission (the "SEC") on January 21, 2022 to delist the ADSs immediately thereafter.
The Company expects that the delisting will occur ten calendar days after the filing of
the Form 25 so that trading will be suspended on January 31, 2022 prior to the market
opening. The Company has not arranged for listing or registration on another U.S.
national securities exchange or for quotation of the ADSs in a quotation medium. In line
with the Westpac strategy, Westpac has chosen to simplify its share listings to Westpac
ordinary shares. In light of this, it is withdrawing the listing of Westpac sponsored ADSs.
This press release is for informational purposes only, and it does not constitute an offer
to purchase or a solicitation of an offer to sell any securities.
courtesy of Bell Direct
i hold ( a very small number of ) WBC
and the shrinking continues