Mitsubishi Electric Corporation Statement re (Delist Shares on LSE) (1478K)
19 Diciembre 2022 - 3:17AM
UK Regulatory
TIDMMEL
RNS Number : 1478K
Mitsubishi Electric Corporation
19 December 2022
FOR IMMEDIATE RELEASE No. 3565
Investor Relations Inquiries Media Inquiries
Takeyoshi Komatsu
Investor Relations Group, Corporate Public Relations Division
Finance Division
Mitsubishi Electric Corporation Mitsubishi Electric Corporation
Tel: +81-3-3218-2346
Cad.Irg@rk.MitsubishiElectric.co.jp prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/news/
Mitsubishi Electric to Delist Shares on London Stock
Exchange
TOKYO, December 19 , 2022 - Mitsubishi Electric Corporation
(TOKYO: 6503) announced today that it has decided to apply for the
delisting of its shares of common stock on the Official List of the
Financial Conduct Authority (FCA), and the cancellation of the
admission to trading of its common shares on the Main Market of the
London Stock Exchange (LSE), in view of the very limited number of
company shares being traded on the LSE, maintaining the listing
would offer no significant benefit, and the delisting would have
negligible effect on the company's shareholders or other investors.
An application will be filed with the LSE within January 2023 and
the delisting is expected to be completed by the beginning of
February 2023. Mitsubishi Electric will continue to maintain its
listing on the Tokyo Stock Exchange.
###
About Mitsubishi Electric Corporation
With more than 100 years of experience in providing reliable,
high-quality products, Mitsubishi Electric Corporation (TOKYO:
6503) is a recognized world leader in the manufacture, marketing
and sales of electrical and electronic equipment used in
information processing and communications, space development and
satellite communications, consumer electronics, industrial
technology, energy, transportation and building equipment.
Mitsubishi Electric enriches society with technology in the spirit
of its "Changes for the Better." The company recorded a revenue of
4,476.7 billion yen (U.S.$ 36.7billion*) in the fiscal year ended
March 31, 2022. For more information, please visit
www.MitsubishiElectric.com
*U.S. dollar amounts are translated from yen at the rate of Yen
122=U.S.$1, the approximate rate on the Tokyo Foreign Exchange
Market on March 31, 2022
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December 19, 2022 04:17 ET (09:17 GMT)
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