Carnival PLC Withdraws ADS from NYSE Listing

Carnival plc notified the New York Stock Exchange of the voluntary withdrawal of its American Depositary Shares from listing and registration.

Rhea-AI Filing Summary

Carnival plc notified the New York Stock Exchange of the voluntary withdrawal of its American Depositary Shares from listing and registration. The Exchange filed Form 25 and certified compliance with Rule 12d2-2 and related Exchange procedures regarding the removal.

Insights

Market Structure Analyst

Form 25 documents a listing withdrawal, an administrative delisting step.

The filing shows the NYSE submitted Form 25 to strike Carnival plc's American Depositary Shares from listing under 17 CFR 240.12d2-2, and states both the Exchange and the issuer complied with the cited rules.

Cash-flow treatment and next trading venue are not disclosed in the excerpt; subsequent filings or exchange notices would clarify delisting timing and post-delisting trading arrangements.

Key Figures

Commission File Number: 001-15136 Security class: American Depositary Shares (1 ADS = 1 ordinary share) Expiry date listed: March 31, 2018

3 metrics

Commission File Number 001-15136 Form 25 cover identification

Security class American Depositary Shares (1 ADS = 1 ordinary share) Description of the class being withdrawn

Expiry date listed March 31, 2018 header expiry line on the form

Key Terms

Form 25, American Depositary Shares, 17 CFR 240.12d2-2

3 terms

Form 25 regulatory

"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"

A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.

American Depositary Shares financial

"American Depositary Shares (each representing one ordinary share)"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

17 CFR 240.12d2-2 regulatory

"Pursuant to 17 CFR 240.12d2-2(b) ... 17 CFR 240.12d2-2(c)"

A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Carnival plc's Form 25 filing mean for CUK shareholders?

It notifies that Carnival plc's ADS class is being removed from NYSE listing. The filing certifies compliance with 17 CFR 240.12d2-2 and Exchange rules but does not state trading or cash‑flow arrangements for shareholders.

Did the NYSE or Carnival fail to follow procedures in this delisting?

No. The filing states the New York Stock Exchange certified compliance with 17 CFR 240.12d2-2 and Carnival plc complied with Exchange rules governing voluntary withdrawal from listing and registration.

Which class of Carnival securities is affected by the Form 25?

The filing specifies American Depositary Shares, each representing one ordinary share, as the class being removed from listing and/or registration on the New York Stock Exchange.

Where can I find the regulatory citations referenced in the filing?

The filing cites 17 CFR 240.12d2-2(a)(1)–(4) and 17 CFR 240.12d2-2(b)/(c). These are the Exchange Act rules governing delisting notifications and procedural compliance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/07/2026 - 11:05 AM Learn about SEC filing dates

UNITED STATES

OMB APPROVAL

OMB Number:			3235-0080
Expires:	March 31, 2018
Estimated average burden
hours per response:			1.7

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-15136

Issuer:	CARNIVAL PLC
Exchange:	NEW YORK STOCK EXCHANGE LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	100 HARBOUR PARADE
	SOUTHAMPTON
Telephone number:					44 207 940 5381

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

American Depositary Shares (each representing one ordinary share)

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, NEW YORK STOCK EXCHANGE LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-05-07	By	Anthony Sozzi		Analyst, Market Watch
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.