Syensqo Simplifies Listing Structure with Euronext Paris Delisting
Syensqo's Strategic Move to Simplify Listing Structure
Syensqo has made a significant announcement regarding the voluntary delisting of its shares from Euronext Paris. This decision comes as part of a broader strategy aimed at streamlining its listing framework, focused on enhancing operational efficiencies and cost-effectiveness.
Understanding the Delisting Process
The initiative reflects a thoughtful evaluation of both the direct and indirect expenses associated with maintaining a listing on Euronext Paris compared to the alignment with its existing listing on Euronext Brussels. The decision to proceed with the delisting has garnered the official approval of the Listing Board of Euronext Paris S.A.
Key Dates for Shareholders
The delisting process will conclude with the shares officially ceasing to be traded on Euronext Paris on a specified date. Shareholders should be aware of the following key dates in this transition:
- Last day of trading of Syensqo Shares on Euronext Paris: 27 September
- Delisting Date: 30 September
Continuity on Euronext Brussels
Despite the delisting from Euronext Paris, Syensqo assures its shareholders that they will still have the opportunity to trade their shares on Euronext Brussels. This continuity ensures that investors can remain engaged without interruption as this evolution unfolds.
Stay Informed
Shareholders are encouraged to reach out to their custodians or financial intermediaries to gather any additional information or details they may require regarding this change. This proactive communication will help ensure a smooth transition for all parties involved.
About Syensqo
Syensqo is at the forefront of scientific innovation, dedicated to developing impactful solutions that enrich daily life in various ways—from enhancing the quality of consumer goods to addressing sustainability challenges. Founded with a mission to unite brilliant minds, Syensqo boasts a global team of over 13,000 associates working towards a circular economy and exploring groundbreaking technologies to benefit humanity.
Frequently Asked Questions
What is the reason for Syensqo's delisting from Euronext Paris?
The delisting is part of Syensqo's strategic plan to simplify its listing structure and reduce costs while maintaining a presence on Euronext Brussels.
When will Syensqo Shares be delisted from Euronext Paris?
Syensqo Shares will be officially delisted from Euronext Paris on 30 September.
Will I still be able to trade Syensqo Shares after the delisting?
Yes, shareholders can continue trading Syensqo Shares on Euronext Brussels after the delisting from Euronext Paris.
Who should shareholders contact for more information on the delisting?
Shareholders are advised to contact their custodians or usual financial intermediaries for any additional details or clarifications regarding the delisting process.
What does Syensqo do?
Syensqo develops innovative scientific solutions aimed at improving quality of life and fostering a sustainable future, with contributions across numerous sectors including consumer goods, health care, and more.
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