Telefonica SA TEF-Notice intended cancellation of listing shares (9736V)
April 12 2019 - 2:00AM
UK Regulatory
TIDMTDE
RNS Number : 9736V
Telefonica SA
12 April 2019
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT
JURISDICTION
12 April 2019
TELEFÓNICA, S.A. ("Telefónica" or the "Company")
NOTICE OF INTENTION TO REQUEST VOLUNTARY CANCELLATION OF THE
LISTING OF ITS ORDINARY SHARES ON THE LONDON STOCK EXCHANGE
In accordance with Listing Rule 5.2.8, the Company hereby gives
notice of its intention to request the UK Financial Conduct
Authority (the "FCA") to cancel the standard listing of the
Company's ordinary shares (with ISIN ES0178430E18) (the "Shares")
on the Official List of the FCA and to request the London Stock
Exchange to cancel the admission to trading of the Shares on the
main market for listed securities of the London Stock Exchange
(together, the "Cancellation of London Listing").
Telefónica has decided to request the Cancellation of London
Listing as the low volume of trading of the Shares on the London
Stock Exchange does not justify the costs related to such listing
and admission to trading.
Pursuant to Listing Rule 5.2.8, the Company is required to give
at least 20 business days' notice of the intended Cancellation of
Listing. Therefore, it is intended that the Cancellation of London
Listing will become effective from 8.00 a.m. (London time) on 16
May 2019, such that the last day of trading of the Shares on the
London Stock Exchange would be 15 May 2019.
Following the Cancellation of the London Listing, the Shares
will continue to be admitted to trading on the Madrid Stock
Exchange, among other markets.
Enquires
ir@telefonica.com +34914828700
About Telefónica
Telefónica is one of the largest telecommunications companies in
the world by market capitalization and number of customers with a
comprehensive offering and quality of connectivity that is
delivered over world class fixed, mobile and broadband networks. As
a growing company it prides itself on providing a differential
experience based both on its corporate values and a public position
that defends customer interests.
The Company has a significant presence in 16 countries and over
356 million accesses around the world. Telefónica has a strong
presence in Europe and Latin America, where the Company focuses an
important part of its growth strategy.
Telefónica is a 100% listed company and its Shares are traded on
the Madrid Stock Exchange, among other markets.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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