23 Dec 2024 14:55 CET

Issuer

MAREL HF.

At its meeting today, the Board of Directors of Marel hf. approved to request the delisting of Marel shares from Nasdaq Iceland hf. (Nasdaq Iceland) and Euronext Amsterdam as soon as permitted and reasonably practicable under applicable laws and regulations.

This follows the acceptance of JBT Corporation‘s voluntary takeover offer by Marel shareholders representing approximately 97.5% of all issued and outstanding shares in Marel hf., as announced on 20 December 2024.

Shares in the combined entity, JBT Marel Corporation (JBTM), will remain listed on the New York Stock Exchange (NYSE) with a secondary listing on Nasdaq Iceland. JBT has secured an approval for the secondary listing on Nasdaq Iceland. Shares of JBTM are expected to commence trading on both NYSE and Nasdaq Iceland exchanges on 3 January 2025.

d0238b39-e02a-4b3f-b691-cd61bb522f58_marel-board-requests-to-delist-shares-from-nasdaq-iceland-and-euronext-amsterdam.pdf

Source

Marel

Provider

Modular Finance

Company Name

MAREL

ISIN

IS0000000388

Symbol

MAREL

Market

Euronext