Staff Writer
Anglo American plc will delist its ordinary shares from the SIX Swiss Exchange in June after receiving approval from SIX Exchange Regulation.
The company said trading in its 1.18 billion ordinary shares will stop on 25 June 2026, with the delisting taking effect on 26 June 2026.
It said the move forms part of a review of its global share listings linked to its proposed merger with Teck Resources. The decision was also influenced by low trading volumes on the Swiss exchange and the cost of maintaining multiple listings.
Anglo American said that once the delisting takes effect, its shares will no longer be tradable on the SIX Swiss Exchange. Shareholders who trade in Switzerland have been advised to consult their investment advisers, brokers or other professional advisers on the steps they may need to take.
The company said it plans to keep its primary listing on the London Stock Exchange after the merger, while maintaining listings on the Johannesburg Stock Exchange and the Toronto Stock Exchange. It also plans a presence on the New York Stock Exchange through American Depositary Receipts, subject to approvals.
Anglo American currently holds a primary listing in London and secondary listings in Johannesburg, Botswana, Namibia and Switzerland.
In Namibia, the company operates through its partnership with the government in Debmarine Namibia and Namdeb, focusing on marine and land-based diamond mining. It is also separating its diamond business, De Beers, as part of a restructuring process.
