Woodside to Delist From the London Stock Exchange
October 15 2024 - 7:14PM
Business Wire
Woodside has reviewed its current listing structure and decided
to delist from the London Stock Exchange (LSE). Woodside shares
represented by depositary interests account for approximately 1% of
Woodside’s issued share capital. Trading volumes of Woodside shares
on the LSE are low and delisting from the LSE will reduce
Woodside’s administration costs.
Woodside has applied to the UK Financial Conduct Authority (FCA)
and the LSE to cancel the admission of Woodside shares to listing
in the International Commercial Companies Secondary Listing
category of the Official List of the FCA and trading under the
ticker “WDS” on the Main Market for listed securities of the
LSE.
In accordance with UK Listing Rule 21.2.17, Woodside is required
to give at least 20 business days’ notice of the intended
cancellation of the listing of its shares. It is expected that the
admission of Woodside’s shares to the International Commercial
Companies Secondary Listing category of the Official List and to
trading on the LSE’s Main Market for listed securities will be
cancelled with effect from 08:00 (GMT) on 20 November 2024. The
last day of trading of Woodside shares on the LSE will be 19
November 2024.
Woodside’s primary listing on the Australian Securities Exchange
(ASX) and its American Depositary Receipts (ADR) program on the New
York Stock Exchange (NYSE) will not be affected by the delisting of
Woodside shares from the LSE.
Further information
Information on the delisting and termination of depositary
arrangements and the options available to depositary interest
holders, including how to sell their depositary interests, will be
sent to depositary interest holders from Computershare. For further
information on the transfer of LSE depositary interest holdings to
ASX shares or for queries related to sale options, please
contact:
Computershare Investor Services PLC
Telephone: + 44 (0)370 703 6075 Email:
WebCorres@computershare.co.uk
Depositary interest holders who receive Woodside shares upon
termination of Woodside’s depositary interest arrangements and who
wish to hold ADRs listed on the NYSE should contact Citibank N.A.,
the depositary for Woodside’s ADR program, following receipt of
their ASX-listed Woodside shares:
Citibank Shareholder Services Telephone:
+1 781 575 4555 Email:
citibank@shareholders-online.com
For further information refer to
www.woodside.com/investors/lse-delisting.
This announcement was approved and authorised for release by
Woodside’s Disclosure Committee
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version on businesswire.com: https://www.businesswire.com/news/home/20241015044394/en/
INVESTORS Marcela Louzada M: +61 456 994 243 E:
investor@woodside.com
MEDIA Christine Forster M: +61 484 112 469 E:
christine.forster@woodside.com
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