Manufacturing Industry
Cable & Wireless PLC - C&W plc NYSE Delisting and termination of ADR Programme.
PR Newswire UK Disclose, September, 2005
Cable and Wireless plc
Intention to Delist from NYSE and terminate ADR Programme and SEC registration
Cable and Wireless plc ("Cable & Wireless") today (9 September 2005) announces
that it intends to terminate its American Depositary Receipt ("ADR") programme
on 13 December 2005 (the "Termination Date") and to delist voluntarily from the
New York Stock Exchange ("NYSE"). ADR holders will be able to exchange their
ADRs for ordinary shares in accordance with the timetable shown below. In
accordance with the provisions of the Deposit Agreement governing the ADRs,
notice of such termination will be provided to holders at least 30 days prior
to the Termination Date.
Rationale for Delisting and Termination of ADR Programme
* ADRs...
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