MARSH MCLENNAN: Notice of Intention to Delist From the London Stock Exchange
October 30 2023 - 3:00AM
UK Regulatory
TIDMMHM
Marsh & McLennan Companies, Inc. (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 (ISIN US5717481023) (the "Shares") on the
Official List of the FCA and to request the London Stock Exchange
plc (the "LSE") to cancel the admission to trading of the Shares on
the Main Market for listed securities of the LSE (together, the
"Cancellation of the London Listing").
Given that the majority of trading in the Company's securities
occurs on the New York Stock Exchange, being its primary listing,
the Company is of the view that the costs and administrative burden
of maintaining such admissions to listing of the Shares on the
Official List and to trading on the Main Market of the LSE are
disproportionate to the benefits of such admission. The Company is
therefore proposing the Cancellation of the London Listing.
Pursuant to Listing Rule 5.2.8R, the Company is required to give
at least 20 business days' notice of the intended Cancellation of
the London Listing. Therefore, it is intended that the Cancellation
of the London Listing will become effective from 8:00 a.m. (GMT) on
27(th) November 2023, such that the last day of trading of the
Shares on the LSE would be 24(th) November 2023.
Following the Cancellation of the London Listing, the Company
will continue to maintain its primary listing on the New York Stock
Exchange.
The Cancellation of the London Listing is expected to have
limited impact for shareholders who hold their Shares on the New
York Stock Exchange. However, should you have any questions in
relation to the Cancellation of the London Listing, the Company
recommends that you consult your broker.
For further information please contact:
Marsh & McLennan Companies, Inc.
Investor Relations
(212) 345-1227
mmc.investor.relations@mmc.com
View source version on businesswire.com:
https://www.businesswire.com/news/home/20231027259639/en/
CONTACT:
Marsh McLennan
SOURCE: Marsh McLennan
Copyright Business Wire 2023
(END) Dow Jones Newswires
October 30, 2023 03:00 ET (07:00 GMT)
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