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One Swiss Bank to Delist from Swiss Stock Exchange

  1. Home
  2. Bobs-News Categories Company News
  3. One Swiss Bank to Delist from Swiss Stock Exchange
  • bob
  • 2023-12-06
  • Company News
  • Europe
  • Mergers and Acquisitions (M&A)
  • Regulatory Developments

The shares of One Swiss Bank will be delisted from the Swiss stock exchange SIX. The exchange operator has approved the delisting request and set a date for it. On March 7, the shares of One Swiss Bank will disappear from the SIX trading board. All listed registered shares (ISIN CH0473243506) with a nominal value of 1.00 Swiss francs will be delisted.

The SIX Exchange Regulation (SER) has granted the company’s request on December 5, 2023, according to a statement released on Wednesday. The delisting will take place on March 7, 2024, and the last trading day will be March 6.

The company’s shareholders decided to withdraw from the stock exchange at an extraordinary general meeting on November 16. At the same time, a special dividend of 23 Rappen per share was approved and already distributed to the shareholders.

The largest shareholder of the bank, HPF Holding de Participations de Famille (HPF), based in Geneva, had pushed for the delisting. One Swiss Bank had been listed on the SIX following its merger with the Geneva-based competitor Banque Profil de Gestion (BPDG).



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Europe
Countries 🇨🇭
Sentiment neutral
Relevance Score 1
People None
Companies SIX Exchange Regulation, SIX Swiss Exchange, HPF Holding de Participations de Famille, One Swiss Bank, Banque Profil de Gestion
Currencies None
Securities None

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