Noble Corporation plc ("Noble", the "Company") (NYSE: NE, CSE: NOBLE) announced on November 18, 2024 that Nasdaq Copenhagen A/S ("Nasdaq Copenhagen") had approved Noble's request for the voluntary removal of its shares (in the form of share entitlements) (the "Danish Shares") from trading and official listing on Nasdaq Copenhagen (the "Delisting") pursuant to Rule 22(ii) of Supplement A of the Nordic Main Market Rulebook for Issuers of Shares.
The last day of trading on Nasdaq Copenhagen will be December 16, 2024 and the Delisting will be effective on December 17, 2024. Following the Delisting, the Danish Shares will no longer be tradable on Nasdaq Copenhagen.
The Delisting will not affect Noble's listing on the New York Stock Exchange and Noble will remain traded on the New York Stock Exchange as Noble's primary listing exchange.
Possible courses of action for holders of Noble's Danish Shares
In connection with the Delisting, holders of Danish Shares may:
- Dispose of their Danish Shares on Nasdaq Copenhagen before the Delisting is effective; or
- Convert their Danish Shares to an equivalent number of Noble shares tradeable on the New York Stock Exchange.
Alternatively, holders of Danish Shares may do nothing but will hold an illiquid asset following the Delisting.
