Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Samsung Electronics announced the trading termination and delisting of 1,567,644 Preferred Depositary Receipts (DRs) from the Luxembourg Stock Exchange due to low trading volume.
📊 [Key Disclosure Details & Financial Summary]
- Disclosure Category: Delisting from Foreign Securities Market (Major Business Report)
- Listing Exchange & Country: Luxembourg Stock Exchange (Luxembourg)
- Delisted Stock Details:
- Underlying Share Class: Samsung Electronics Preferred Shares (Non-cumulative, Non-voting, +1% p.a. dividend over Common Stock)
- Delisted Shares (Underlying Share Basis): 39,191,100 shares (As of Feb 10, 2025)
- Underlying Share to DR Ratio: 25 : 1
- Delisted DR Quantity: 1,567,644 DRs
- Trading Termination Date / Confirmation Date: February 13, 2025
- Reason for Delisting: Low trading volume of Preferred Depositary Receipts (DRs) listed on the Luxembourg Stock Exchange
- Future Schedule & Share Conversion Notice:
- The DR preferred shares previously traded on the Luxembourg Stock Exchange can be traded on the London Stock Exchange (LSE) following its relisting.
- DR holders retain the option to freely convert their Preferred DRs into underlying shares as before.
- Related Disclosure: October 31, 2024 Major Business Report (Decision on Delisting from Foreign Securities Market)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Overseas DR Delisting and Reflection in Periodic Reports
This disclosure reports the trading termination and delisting of Preferred Stock DRs from the Luxembourg Stock Exchange. Verifying that the delisting from the Luxembourg Stock Exchange and relisting on the London Stock Exchange are accurately updated in the foreign securities section of upcoming periodic business reports is important for confirming disclosure maintenance. Detailed information can be verified in future periodic business reports.
📢 Disclaimer & Source Information
Source: This content was newly structured and generated based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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