Press release: Orange completed its voluntary delisting from the NYSE and filed a certification of deregistration with the SEC. Orange maintains a level 1 ADR program
October 18 2024 - 11:15AM
UK Regulatory
Press release: Orange completed its voluntary delisting from the
NYSE and filed a certification of deregistration with the SEC.
Orange maintains a level 1 ADR program
Press release
Paris, 18 October 2024
Orange completed its voluntary delisting from the NYSE
and filed a certification of deregistration with the SEC. Orange
maintains a level 1 ADR program
Orange announces today that Orange’s voluntary delisting of
American Depositary Shares (“ADSs”) representing its ordinary
shares from the New York Stock Exchange (“NYSE”) has become
effective. The Company has filed a Form 15F with the Securities and
Exchange Commission (“SEC”) to terminate its reporting obligations
under the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), in respect of the ADSs and the ordinary shares.
Deregistration is expected to become effective 90 days after the
filing of the Form 15F.
The Form 15F and deregistration also relate to the following
debt securities issued by Orange: the 9.00% notes due 1 March 2031,
5.375% notes due 13 January 2042 and 5.50% notes due 6 February
2044.
Information for ADS Holders
Orange maintains a level 1 American Depositary Receipt (“ADR”)
program, which will enable investors to retain their ADRs and
facilitate trading on the U.S. Over-The-Counter (“OTC”) market,
under the symbol “ORANY.”
Following the delisting and deregistration, Orange will continue
to publish its quarterly financial information and half-year and
annual financial statements prepared in French and in English in
accordance with International Financial Reporting Standards
(“IFRS”), as well as other information for investors on its website
(www.orange.com) pursuant to applicable rules regarding financial
communication and as required by Rule 12g3-2(b) promulgated under
the Exchange Act.
Orange’s shares will remain listed on Euronext Paris, where most
of Orange’s international and domestic investors currently trade
Orange’s shares.
About Orange
Orange is one of the world’s leading telecommunications operators
with revenues of 39.7 billion euros in 2023 and 128,000 employees
worldwide at 30 June 2024, including 72,000 employees in France.
The Group has a total customer base of 285 million customers
worldwide at 30 June 2024, including 246 million mobile customers
and 21 million fixed broadband customers. These figures have been
restated to account for the deconsolidation of certain activities
in Spain following the creation of MASORANGE. The Group is
present in 26 countries (including non-consolidated countries).
Orange is also a leading provider of global IT and
telecommunication services to multinational companies under the
brand Orange Business. In February 2023, the Group presented its
strategic plan "Lead the Future", built on a new business model and
guided by responsibility and efficiency. "Lead the Future"
capitalizes on network excellence to reinforce Orange's leadership
in service quality.
Orange is listed on Euronext Paris (symbol ORA) and on the New York
Stock Exchange (symbol ORAN).
For more information on the internet and on your mobile:
www.orange.com, www.orange-business.com and the Orange News app or
to follow us on X: @orangegrouppr.
Orange and any other Orange product or service names included
in this material are trademarks of Orange or Orange Brand Services
Limited.
Press contact: Tom Wright ;
tom.wright@orange.com
- PR_Orange_Delisting_NYSE_EN_181024
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