Sunrise Communications AG to Delist Class A ADSs from Nasdaq in August 2025, Transitioning Trading to SIX Swiss Exchange

Reuters
05/20
<a href="https://laohu8.com/S/SNNRF">Sunrise Communications AG</a> to Delist Class A ADSs from Nasdaq in August 2025, Transitioning Trading to SIX Swiss Exchange

Sunrise Communications AG has announced the delisting of its Class A American Depositary Shares (ADSs) from Nasdaq, scheduled for mid-August 2025. This decision aligns with the company's plan, following its spin-off from Liberty Global, to have the Nasdaq listing as a temporary measure to facilitate initial holding and trading. The delisting is expected to streamline regulatory processes and reduce costs, as Switzerland has become the primary trading market for Sunrise shares. Post-delisting, the Class A ADSs may continue to trade in the U.S. OTC market. Sunrise also plans to terminate its sponsored ADS program and deregister its Class A and Class B ADSs, aiming to end reporting obligations under U.S. regulations as soon as permissible.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunrise Communications AG published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-122499), on May 19, 2025, and is solely responsible for the information contained therein.

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