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Smurfit Kappa Group (SKG)

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Wednesday 24 February, 2021

Smurfit Kappa Group

Consent to Migration

RNS Number : 2405Q
Smurfit Kappa Group PLC
24 February 2021
 

 

 

24 February 2021

 

 

Regulatory Announcement

 

Smurfit Kappa Group plc

 

("Smurfit Kappa" or the "Company")

 

Smurfit Kappa Consents to the Migration of its Ordinary Shares

 

As previously announced, the shareholders of the Company approved resolutions in relation to the replacement of the CREST system with a system operated by Euroclear Bank SA/NV for the electronic settlement of trading in the Company's ordinary shares at the extraordinary general meeting held on 5 February 2021 (the "EGM").  The full text of each resolution was set out in the Notice of EGM which was contained in the circular made available to shareholders on the Company's website at www.smurfitkappa.com/investors/egm2021 .

 

In accordance with Resolution 1 approved at the EGM, on 19 February 2021 the Company consented to the migration of its ordinary shares to the Euroclear Bank SA/NV central securities depository in accordance with the Migration of Participating Securities Act 2019.  The requisite notifications in connection with the migration have also been made by the Company to the Irish Companies Registration Office and Euronext Dublin.

 

The migration of the Company's ordinary shares will take place as part of the wider market migration of the shares of the listed Irish companies which have consented to the migration. The market migration will take place on the date determined by Euronext Dublin, which is currently expected to be on or around 15 March 2021.  Further announcements will be made in relation to the migration

timetable in due course.

 

Any relevant updates regarding the migration will be announced via a Regulatory Information Service and will be available on www.smurfitkappa.com .

 

For further information on the announcement, please contact:

 

Group Secretary

Gillian Carson-Callan

T: +353 1 202 7152

 

 

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