NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE
OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH
JURISDICTION.
THIS ANNOUNCMENT CONTAINS INSIDE
INFORMATION
4 October
2024
International Business Machines
Corporation
NOTICE OF INTENTION TO DELIST FROM THE LONDON STOCK
EXCHANGE
International Business Machines Corporation (the
"Company") refers to the Company's shares (ISIN:
US4592001014) (the "Shares") which are admitted to
listing on the equity shares international commercial companies
secondary listing segment of the Official List of the Financial
Conduct Authority (the "FCA") and to trading on
the main market for listed securities of the London Stock Exchange
(the
"LSE").
The Company hereby gives notice that, in an effort to
streamline and simplify processes and increase administrative
efficiencies, it has been requested that (i) the FCA cancel the
listing of the Company's Shares on the equity shares international
commercial companies secondary listing segment of the Official List
of the FCA, and (ii) the LSE cancel the admission to trading of the
Company's Shares on the main market for listed securities of the
LSE (collectively, the
"Delisting").
In accordance with UK Listing Rule 21.2.17R, the
Company is required to give at least 20 business days' notice of
the intended Delisting. Accordingly, it is intended that the
Delisting will become effective from 8:00
a.m. 6 November 2024, such
that the last date of trading of its Shares on the LSE will be
5 November
2024.
As the Company is assigned to the equity shares
international commercial companies secondary listing segment of the
Official List, no shareholder approval is required for the
Delisting.
Following the Delisting, (i) it will no longer be
possible to trade Shares on the LSE, and (ii) the Company will
maintain the primary listing of its Shares of the New York Stock
Exchange.
Any shareholder that has any questions in relation to
the Delisting is recommended to consult their investment adviser or
broker.
Media
Contact:
Tim
Davidson
+1
(914) 844-7847
tfdavids@us.ibm.com
ENDS
Inside
information
The information contained within this announcement is
deemed by International Business Machines
Corporation
to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No.596/2014 (as it forms part of
UK domestic law by virtue of the European Union (Withdrawal) Act
2018). On the publication of this announcement via a Regulatory
Information Service, such information is now considered to be in
the public
domain.
For the purposes of MAR, this announcement is being
made on behalf of
International Business Machines
Corporation
by Jane P. Edwards,
Vice President, Assistant General Counsel and
Secretary.
Important
Notice
This announcement is not intended to, and does not,
constitute or form part of any offer, invitation or the
solicitation of an offer to purchase, otherwise acquire, subscribe
for, sell or otherwise dispose of, any securities whether pursuant
to this announcement or
otherwise.
Overseas
jurisdictions
The distribution of this announcement in
jurisdictions outside the United
Kingdom may be restricted by law and therefore persons into
whose possession this announcement comes should inform themselves
about, and observe, such restrictions. Any failure to comply with
the restrictions may constitute a violation of the securities law
of any such
jurisdiction.