Leonardo DRS Announces Voluntary Delisting from the Tel Aviv Stock Exchange
27 9월 2023 - 9:49PM
Business Wire
Leonardo DRS, Inc. (Nasdaq and TASE: DRS) (“Leonardo DRS” or the
“Company”) today announced that it is taking steps to voluntarily
delist its common stock from the Tel Aviv Stock Exchange (the
“TASE”).
Pursuant to Israeli law, the delisting of Leonardo DRS’s common
stock is expected to take effect three months following the date of
the Company’s request to the TASE to delist the Company’s common
stock, which occurred on September 27, 2023. During the interim
period, Leonardo DRS’s common stock will continue to be traded on
the TASE.
The delisting in Israel will not affect Leonardo DRS’s continued
listing on Nasdaq under the symbol “DRS” and all shares of common
stock now traded on the TASE may be transferred to Nasdaq. The
Company will continue to file public reports and make public
disclosures in accordance with the rules of the U.S. Securities and
Exchange Commission and Nasdaq.
“At this time, we believe that it is in the best interest of our
Company and its stockholders that we concentrate our market
activity on a single exchange,” said Bill Lynn, Chairman and CEO of
Leonardo DRS. “We are grateful to all of the investors who traded
our common stock on the TASE and thank them for their ongoing
support.”
About Leonardo DRS
Headquartered in Arlington, VA, Leonardo DRS, Inc. is an
innovative and agile provider of advanced defense technology to
U.S. national security customers and allies around the world. We
specialize in the design, development and manufacture of advanced
sensing, network computing, force protection, and electric power
and propulsion, and other leading mission-critical technologies.
Our innovative people are leading the way in developing disruptive
technologies for autonomous, dynamic, interconnected, and
multi-domain capabilities to defend against new and emerging
threats. For more information and to learn more about our full
range of capabilities, visit www.LeonardoDRS.com.
Forward-Looking Statements
This communication contains statements that constitute
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Those statements reflect
current expectations, assumptions and estimates of future
performance and economic conditions. The company cautions investors
that any forward-looking statements are subject to risks and
uncertainties that may cause actual results and future trends to
differ materially from those matters expressed in or implied by
such forward-looking statements.
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Leonardo DRS Investor Relations Contact
Steve Vather Vice President, Investor Relations and Corporate
Finance +1 703 409 2906 stephen.vather@drs.com
Leonardo DRS Media Contact
Michael Mount Vice President, Communications and Public Affairs
+1 571 447 4624 mmount@drs.com
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