Transfer of Listing to Euro MTF Market
February 19 2010 - 4:00AM
UK Regulatory
TIDMBTU
RNS Number : 3908H
Brait S.A.
19 February 2010
Brait S.A. Societe Anonyme
(Incorporated in Luxembourg)
(RC Luxembourg B-13861)
Share code: BAT & ISIN: LU0011857645
("Brait")
Transfer of listing to Euro MTF market:
With effect from 16 February 2010, Brait transferred the listing of its shares
from the EU Regulated market of the Luxembourg Stock Exchange ("LuxSE") to its
Euro MTF market.
The Euro MTF market of the LuxSE is a Multilateral Trading Facility recognised
by EU legislation. As it is not an EU Regulated market, as defined in the
European Directive 2004-39-EC, the transfer to the Euro MTF market releases
Brait from a number of onerous obligations, including the requirement to publish
either quarterly trading statements or interim management reports.
The trading system and market rules of both the Euro MTF market and the EU
Regulated market of the LuxSE are identical. Brait S.A. will therefore continue
to fully comply with the listing and disclosure requirements of the both the
LuxSE and Johannesburg Stock Exchange.
Delisting on London Stock Exchange ("LSE"):
Pursuant to Listing Rules 5.2.4 and 5.2.8 of the United Kingdom Financial
Services Authority ("FSA"), Brait hereby gives notice of the intended
cancellation of the listing of its shares on the LSE. Brait will apply to the
FSA for the cancellation of its LSE listing, which is expected to become
effective after the required 20 business days notice period, commencing on the
date of publication of this notice, has lapsed.
Luxembourg
19 February 2010
Sponsor
Deloitte & Touche Sponsor Services (Proprietary) Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/000034/07)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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