Ardagh Metal Packaging (NYSE: AMBP) to delist warrants from NYSE
Rhea-AI Filing Summary
Ardagh Metal Packaging S.A. is having its warrants removed from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. These warrants are described as being exercisable for one share at an exercise price of $11.50 per share. The New York Stock Exchange certifies that it has followed its own rules to strike this class of securities from listing and/or withdraw its registration. The company is also stated to have complied with the exchange’s rules and the requirements governing the voluntary withdrawal of this class of securities from listing and registration.
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Insights
AMBP’s NYSE-listed warrants are being delisted after required procedures.
The New York Stock Exchange is filing a Form 25 to remove Ardagh Metal Packaging S.A. warrants from listing and registration under Section 12(b). The security is defined as warrants, each exercisable for one share at an exercise price of
The text states that the exchange has complied with its rules to strike this class of securities and that the issuer has complied with exchange rules and the requirements for voluntary withdrawal. This indicates that both the exchange and the company are aligned procedurally on the delisting of the warrants.
For investors holding these warrants, the key point is that they will no longer be listed on the NYSE once the Form 25 process is completed. The impact on trading or liquidity beyond this exchange is not described, so any further implications would depend on information outside this disclosure.
FAQ
What did Ardagh Metal Packaging S.A. (AMBP) announce regarding its NYSE listing?
Ardagh Metal Packaging S.A. is having its warrants removed from listing and registration on the New York Stock Exchange through a Form 25 filed under Section 12(b) of the Securities Exchange Act of 1934.
Which AMBP securities are affected by the Form 25 delisting?
The action applies to warrants of Ardagh Metal Packaging S.A., each of which is exercisable for one share at an exercise price of
Is the removal of Ardagh Metal Packaging S.A. warrants from the NYSE voluntary?
The text states that the issuer has complied with the exchange’s rules and the requirements of 17 CFR 240.12d2-2(c), which govern the voluntary withdrawal of a class of securities from listing and registration.
Who is responsible for the Form 25 filing for AMBP’s warrants?
The New York Stock Exchange LLC certifies that it has reasonable grounds to believe it meets all requirements for filing Form 25 and has signed the notification through an authorized person.
What regulations are cited in connection with the AMBP warrant delisting?
The document refers to 17 CFR 240.12d2-2(b) for the exchange’s process to strike the class from listing and 17 CFR 240.12d2-2(c) for the issuer’s voluntary withdrawal from listing and registration.
Does the filing mention the exercise terms of Ardagh Metal Packaging S.A. warrants?
Yes. It specifies that the warrants are each exercisable for one share at an exercise price of