Edition:
India

BT Group Announces Intention To Deregister From U.S. SEC


Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - BT Group PLC ::BT GROUP PLC - BT ANNOUNCES INTENTION TO DEREGISTER FROM SEC.BT GROUP - BT INTENDS TO DELIST ITS AMERICAN DEPOSITARY SHARES FROM NEW YORK STOCK EXCHANGE AND TERMINATE ITS AMERICAN DEPOSITARY RECEIPT PROGRAMME.BT GROUP PLC - BT INTENDS TO FILE A FORM 25 WITH US SECURITIES AND EXCHANGE COMMISSION (SEC) ON 3 SEPTEMBER 2019.BT GROUP PLC - BT INTENDS TO DEREGISTER ITS EQUITY SECURITIES AND REGISTERED DEBT SECURITIES OF ITS SUBSIDIARY, BRITISH TELECOMMUNICATIONS PLC.BT GROUP PLC - EXPECTS DELISTING WILL BECOME EFFECTIVE FOLLOWING CLOSE OF MARKET IN NEW YORK ON 13 SEPTEMBER 2019.BT GROUP - INTENDS TO DEREGISTER ITS EQUITY SECURITIES AND REGISTERED DEBT SECURITIES OF ITS UNIT IN ORDER TO REDUCE REPORTING COSTS AND COMPLEXITY.BT GROUP PLC - BT WILL CONTINUE TO POSITIVELY ENGAGE WITH US EQUITY AND DEBT INVESTORS.BT GROUP PLC - BT HAS DIRECTED JPMORGAN TO TERMINATE BT'S ADR PROGRAMME.