Kentucky Fried Chicken Delists From BSX
The Bermuda Stock Exchange confirms the delisting and last trade date of Kentucky Fried Chicken (Bermuda) Limited common shares.
Further to the announcement of 15 July, 2011, regarding the intention of Kentucky Fried Chicken (Bermuda) Limited to delist the Company’s common shares from the BSX, the BSX advises that, in keeping with the requirements of the BSX Listing Regulations, the delist date of the common shares of the Company has been set for Wednesday, 12 October, 2011. The final trading date for the shares will be Friday, 07 October, 2011, in order to accommodate the settlement of any out-standing trades in the Company’s shares.
Donald P. Lines, Chairman of the Board, previously said that while the Company “greatly respected and recognised the importance of having a public exchange in Bermuda, it was not using the BSX to raise capital nor was the public actively trading the Company’s shares on the exchange.”
“We have valued our long relationship with the Bermuda Stock Exchange and the Board’s decision to recommend to the shareholders that the Company’s shares be withdrawn was not taken lightly,” he said.
