Sunrise Communications AG Confirms Termination Date for Class A ADS Program Following Nasdaq Delisting; Holders Urged to Withdraw Shares by November 13, 2025
Reuters
Oct 07
<a href="https://laohu8.com/S/SNRE">Sunrise Communications AG</a> Confirms Termination Date for Class A ADS Program Following Nasdaq Delisting; Holders Urged to Withdraw Shares by November 13, 2025
**Sunrise Communications AG Delists Class A ADSs, Sets Program Termination Date** Sunrise Communications AG has confirmed the delisting of its Class A American Depositary Shares (ADSs) from the Nasdaq Global Select Market, which was completed on August 15, 2025. The company announced that it has instructed J.P. Morgan Chase Bank, N.A., the Depositary Bank, to terminate its sponsored Class A ADS program effective November 13, 2025. The delisting and termination are part of Sunrise's ongoing changes to its ADS programs. Holders of Sunrise Class A ADSs are strongly encouraged to cancel their ADSs and withdraw the underlying Class A Shares before the program's termination date to avoid the automatic sale of their shares by the Depositary Bank and the associated fees. Sunrise also indicated plans to terminate its Class B ADS program at a later date, which has been postponed due to the shutdown of the U.S. government. Further details regarding the termination and withdrawal process will be communicated to holders by the Depositary Bank.
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